8986 Commercial Street, NEW MINAS

2026-09-18
 

Quick Summary

Location
8986 Commercial Street, NEW MINAS, Nova Scotia B4N3E2
Price
$970,000 CAD
Status:
For Sale
Property Type:
Retail
Year of Construction:
2003

MLS®#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, 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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Highway, Public Transit, Shopping

Building

  • Amenities: Air Conditioning, Laundry Facility
  • Cooling Type: Heat Pump
  • Fireplace: No
  • Flooring Type: Concrete
  • Utility Water: Municipal water

Land

  • Land Size: 0.3942 ac|under 1/2 acre

Ownership

  • Type: Freehold

Information entered by Exit Realty Town & Country
Listing information last updated on: 2026-09-16 12:54:30


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$500,000

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Savings calculated using One Percent Realty East Inc's posted commission rates compared to a brokerage charging 5%. (HST is extra). Not all agents charge the same.

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We are a fully licensed real estate brokerage offering the same top-tier services and exposure as the big names in the industry—but at a lower commission rate. Here's what you can expect when you work with us: ✅ Full MLS® system listing ✅ Exposure on all major internet real estate platforms ✅ Professional signage (where permitted) ✅ Property showings and open houses ✅ Strategic advertising to attract buyers ✅ Skilled negotiation to secure the best deal ✅ Seamless conveyancing to ensure a smooth closing With us, you’re getting everything you need to sell your property successfully—just without the high commission fees.

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