
Restaurant For Sale
$349,900
MLS® Number: 202600672
Land Size
0.168
Restaurant For Sale
$349,900
Land Size
0.168
5257 Highway 10, New Germany, Nova Scotia
About This Property
Fully leased two unit commercial investment property in the heart of New Germany with strong cash flow and long term stability. The main floor is occupied by 2 Papas Pizza, leasing the space for $1,700 per month plus utilities with a secure lease in place until July 2029. The upper level consists of a renovated three bedroom, one bath apartment generating $1,800 per month plus utilities on a fixed term lease expiring August, 2026. The unit features an open concept kitchen and living area, large vinyl windows providing excellent natural light, and a main floor mudroom with laundry. Recent upgrades include new drywall, flooring, and a newer heat pump, with an additional energy efficient ducted heat pump available and ready to be connected. Major building improvements include new electrical panels and wiring, a metal roof, electric on demand water heater, hot water tank, and water softener systems. Located just 20 minutes from Bridgewater, this highly profitable property offers reliable income with minimal deferred maintenance.
Property Details
Interior Details
Cooling
Heat Pump
Flooring
Other
Building & Exterior
Parking Features
Paved Yard, Gravel
Land & Location
City Region
New Germany
Lot Size Area
0.1676 acres
Lot Size Dimensions
0.1676
Parcel Number
60257391
Postal Code
B0R1E0
Listing & Financials
Listing Office
EXIT Realty Inter Lake
Originating System Name
Nova Scotia Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
EXIT Realty Inter Lake
Mortgage Calculator
Estimated Monthly Payment
$1,719
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$1,719
Principal and interest only. Actual rates may vary.