8986 Commercial Street, New Minas, Nova Scotia B4N 3E2

Listed for:
$970,000
0 beds
0 baths
Listed 14 days ago
8986 Commercial Street, New Minas, Nova Scotia B4N 3E2

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About

From Highway 101 take Exit 12. North to Hwy 1. Right on Civic on RHS. 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:27476)

Property Highlights

MLS® Number
202623436
Type
Retail
Community Name
New Minas
Ownership Type
Freehold
Land Size
0.3942 ac|under 1/2 acre

Building

Amenities
Air Conditioning, Laundry Facility Highway, Public Transit, Shopping
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heat Pump
Heating Fuel
Electric, Propane
Building Cooling Type
Heat Pump

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
Exit Realty Town & Country
MLS® number:
202623436
Agent:
Charlene Meister
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