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Sean Watt

seanrwatt@gmail.com +1(902) 220-7326

Listed by Charlene Meister • Exit Realty Town & Country

$970,000

Est. payment - /mo

4,882 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,882 sqft

Price per Sqft $198

MLS Listing ID 202623436

HOA Y/N No

Year Built 2003

Lot Size 0.394 Acres

Acres 0.3942

Property Sub-Type Retail

Source Nova Scotia

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.

Location

Province NS

County Kings

Area Kings County

Zoning C1

Region Annapolis Valley

City Region Annapolis Valley

Interior

Heating Heat Pump

Cooling Air Conditioning

Flooring Concrete

Inclusions All Equipment, Inventory

Equipment Other Rental Equipment, Ventilation System

Fireplace No

Exterior

Utilities Available Electric, Propane, Cable Connected, Electricity Connected, Sewer Connected, Phone Connected

View Y/N No

Roof Type Asphalt

Accessibility Wheelchair Accessible

Garage No

Private Pool No

Exclusions Pos And Dishwasher Are Leased

Building

Lot Description Under 0.5 Acres, Cleared, Near Public Transit, Shopping Nearby, Visual Exposure

Water Municipal

New Construction No

Others

Ownership Freehold

ParcelsYN No

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Sean Watt

+1(902) 220-7326

Agent N13318

8986 Commercial St New Minas, NS B4N 3E2

Sean Watt

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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