IDX / Reciprocity

5257 Highway 10
New Germany B0R 1E0

$374,900
Retail

Main Photo: 5257 Highway 10 in New Germany: Retail for sale : MLS®# 202600672
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Status:
Active
Prop. Type:
Retail
MLS® Num:
202600672
Bus Major:
Restaurant
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:2493)
Property Type:
Retail
Common Interest:
Freehold
Finished Area Above Grade:
2,660 sq. ft.
Community:
New Germany
Major Business Type:
Restaurant, Residential
Construction Material:
Concrete Walls
Cooling:
Heat Pump
Fireplace:
No
Floor finish:
Other
Water:
Drilled Well
Lot Size:
7,301 sq. ft.
Lot Details:
0.1676
Parking:
Paved Yard, Gravel
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Listed by EXIT Realty Inter Lake
Data was last updated January 14, 2026 at 01:15 AM (UTC)
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