Listed price in listed location currency (CAD).
$970,000

000

MLS® 202623436

  • Property Details
  • Map

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.

Key Facts

Type Retail
Levels Commercial Sale
Size 4882 sqft
Days Active 7
Lot Size 0.3942 Acres
Approx. Age 2003
Avg. Price Per Sqft $198
MLS® Number 202623436
Central VacNo
FireplaceNo
Approx. Age2003
DrivewayCircular Driveway, Parking Spaces(s), Paved
HeatHeat Pump
A/CAir Conditioning

Additional Information

Zoning C1
Roofing Asphalt
Siding Concrete
Windows Display Window(s)
Equipment Other Rental Equipment, Ventilation System
Landscaping Under 0.5 Acres, Cleared, Near Public Transit, Shopping Nearby, Visual Exposure

Extra Features

All Equipment, Inventory

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 14, 2026List Date
$970,000List Price
  • Commute

Commute

Starting Address
Destination Address
8986 Commercial St, New Minas, NS

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