$ 349,900

5257 Highway 10, New Germany

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. (id:1945)
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Property details for 5257 Highway 10, New Germany

Type
Commercial
Lot Size
0.1676
Parking
Paved Yard, Gravel
Heating
Heat Pump, Baseboard heaters, Electric
Cooling
Heat Pump
Ownership
Freehold

Nearby Listings Stat

Estimated price and comparable properties near 5257 Highway 10

Active Listings
4
Min Price
$349,900
Max Price
$759,000
Avg Price
$484,675
Days on Market
176
days
Sold Listings
2
Min Sold Price
$79,000
Max Sold Price
$149,000
Avg Sold Price
$114,000
Days until Sold
168
days

Price History

Listed
January 13, 2026
by Engel & Volkers (Lunenburg)
Current Price
$349,900
Type
Commercial
For Sale
5257 Highway 10

Contact Agent Get in touch about 5257 Highway 10, New Germany

Jordan Greige
Jordan Greige
Engel & Volkers (Lunenburg)

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