About 5257 Highway 10
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 Papa’s 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.
Features of 5257 Highway 10
| MLS® # | 202600671 |
|---|---|
| Price | $349,900 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,020 |
| Acres | 0.17 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 5257 Highway 10 |
|---|---|
| Area | South Shore |
| District | 405-Lunenburg County |
| Sub-District | B4 |
| City | New Germany |
| County | Lunenburg |
| Province | NS |
| Postal Code | B0R 1E0 |
Amenities
| Utilities | Electric, Cable Connected, Electricity Connected, Phone Connected |
|---|---|
| Parking | No Garage, Gravel, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | High Speed Internet |
|---|---|
| Appliances | Stove, Dryer, Washer, Refrigerator |
| Heating | Baseboard, Ductless |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 Storey |
| Has Basement | Yes |
| Basement | Partial, Walk-Out Access |
Exterior
| Lot Description | Under 0.5 Acres, Cleared, Level |
|---|---|
| Roof | Asphalt, Metal |
| Construction | Wood Siding |
| Foundation | Concrete Perimeter |
School Information
| Elementary | New Germany Elementary School |
|---|---|
| Middle | New Germany Rural High School |
| High | New Germany Rural High School |
Additional Information
| Zoning | Comm |
|---|
Listing Details
| Office | Engel & Volkers (Lunenburg) |
|---|