$970,000
( $198.69Per Sq Foot )
 $5,207 est/mo Sourced by Back At You

8986 Commercial Street,New Minas, NS B4N3E2

New Minas, NS B4N3E2

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Description

What an opportunity! The owners of KAO Restaurant are ready to retire, giving someone new the chance to take over this fully operational restaurant. Built by the current owners in 2003, the property sits on a 17,170 sq. ft. lot in the heart of New Minas, with excellent visibility on busy Commercial Street. The 4,325 sq. ft. main level includes a welcoming entry, reception/bar area, dining room, buffet area, separate party room, commercial kitchen, mens and womens washrooms, walk-in cooler & freezer, ice/prep area and storage. An additional 532 sq. ft. upstairs offers an office, laundry room, washroom and flex room. The property has seen several updates over the years, including new chairs and carpeting in 2012. A major renovation in 2014 included a new grill/hood and buffet table, dining room ceiling and chandelier, reception counter, entrance, and exterior stucco and stone façade. In 2019, the roof was reshingled and ceramic tile replaced. Propane HVAC provides heating & cooling. Outside are 22 paved parking spaces, including 5 accessible spaces, along with a circular driveway providing convenient access around the building. Occupancy is 160. The sale includes all restaurant equipment, furnishings and inventory on site, giving the next owner everything they need to get started. (id:374)

Details

MLS #202623436
Listing TypeFor Sale
StatusActive
Year2003
Days On Site46
Listing Provided ByExit Realty Town & Country | Charlene Meister

Features

SQ Feet4,882
Acreage0.39

Interior

CoolingHeat Pump
HeatingHeat Pump, Electric, Propane
Fireplace Yes / NoNo

Exterior

Construction MaterialsConcrete Walls

Parking

Parking FeaturesPaved Yard, Parking Space(s)

Utilities

Water SourceMunicipal water

Area Information

ProvinceNS
CityNew Minas
Postal CodeB4N3E2
Listing VS Median (in B4N3E2)
Price:
$970,000
low | high
Med:
$970,000
50% of Average
sqft:
4,882
low | high
Med:
4,882
50% of Average
$ / sqft:
$199
low | high
Med:
$199
50% of Average
On site:
46
low | high
Med:
46
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceNS
CityNew Minas
Postal CodeB4N3E2
Listing VS Median (in B4N3E2)
Price:
$970,000
low | high
Med:
$970,000
50% of Average
sqft:
4,882
low | high
Med:
4,882
50% of Average
$ / sqft:
$199
low | high
Med:
$199
50% of Average
On site:
46
low | high
Med:
46
100% of Average
Sourced by Back At You
Listing Updated: October 8, 2026 at 7:15:44 AM PDT