NS
Kings
New Minas
B4N 3E2
8986 Commercial Street
8986 Commercial Street, New Minas, NS B4N 3E2
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Listing Type
Commercial/Industrial
Listing Status
Active
37
$970,000

Home Details for 8986 Commercial Street

Price
$970,000
Type
Commercial Sale
Square feet
4882
Year built
2003
Lot size acres
0.3942
County
Kings
Days on site
1
MLS Listing#
202623436
Property 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, men’s and women’s 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.

Property Features
  • Utilities
    • Cable Available
    • Propane
    • Cable Connected
    • Electricity Connected
    • Sewer Connected
    • Phone Connected
  • Parking
    • Circular Driveway
    • Paved
  • Heating Information
    • Heat Pump
  • Water Features
    • Public
Listing Courtesy: Exit Realty Town & Country
NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS® The above information is from sources deemed reliable but it should not be relied upon without independent verification.
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Market statistics compiled from data from Nova Scotia AOR.
EXIT REALTY TOWN & COUNTRY
8873 Commercial Street, New Minas, NS B4N 3C4
Office
902 679 1177
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