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Listed by Jordan Greige • Engel & Volkers (Lunenburg)
$349,900
Est. payment /mo
2,660 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,660 sqft
Price per Sqft $131
MLS Listing ID 202600672
HOA Y/N No
Lot Size 7,300 Sqft
Acres 0.1676
Property Sub-Type Retail
Source Nova Scotia
Property Description
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.
Location
Province NS
County Lunenburg
Area 405-Lunenburg County
Zoning Comm
Region South Shore
City Region South Shore
Rooms
Bedroom 2 Tenant
Bedroom 3 07/15/2029
Interior
Heating Baseboard, Heat Pump
Flooring Other
Equipment Fuel Tank(s)
Fireplace No
Exterior
Utilities Available Electric, Cable Connected, Electricity Connected, Sewer Connected, Phone Connected, Well
View Y/N No
Roof Type Asphalt,Metal
Garage No
Private Pool No
Building
Lot Description Under 0.5 Acres
Water Drilled Well
New Construction No
Others
Ownership Freehold
ParcelsYN No
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