Overview

Property Type Commercial Retail
Sq Ft 4882.00
Price Per Sq Ft $199

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.

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Neighborhood Information

New Minas, NS

New Minas is a town in the Canadian province of Nova Scotia, nestled in the Annapolis Valley. Known for its shopping centres, New Minas is a hub for locals and tourists alike. The town is surrounded by beautiful natural landscapes, including the Gaspereau River, and offers an abundance of outdoor activities.

The town hosts several community events throughout the year, including the New Minas Days Festival in August. The proximity to Halifax, approximately an hour drive, also provides residents with additional amenities and opportunities for cultural experiences. The cost of living is relatively low in comparison to other Canadian cities, but job opportunities may be limited due to the small size of the town.

City Score
85

Living in New Minas offers a balance between rural tranquility and urban conveniences, giving it a living score of 85 out of 100.

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School Score
80

The quality of education in New Minas is above average with schools offering a good student to teacher ratio. Schools here score 80 out of 100.

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Entertainment Score
75

New Minas offers several entertainment options from movie theaters to bowling alleys, earning it a score of 75 for city entertainment.

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Activity Score
80

With various outdoor activities such as hiking, biking, and fishing, New Minas scores an 80 for outdoor activities.

Walk Score - 63%

About Your Relator®

Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.

Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.

With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.

With Jessica Mugford, you can expect nothing less than a professional, tailored approach.


Phone: (902) 322-1684

Email: jessicamugford@remax.net

Office: Sydney

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Estimated Monthly Payment:

Monthly mortgage and property tax payments are estimates for which we bear no responsibility.
Homeowners could also be subject to mortgage insurance premiums, homeowners insurance premiums, and other costs.

Property Details

On Market Date2026-09-16T12:13:22.7
Price$970,000.00
Year Built2003
NeighborhoodAnnapolis Valley
LocationLat: 45.067721, Lng: -64.461068
Square Feet4,882.00
Lot Size17,170.00 17170
Parking FeaturesYes
HeatingHeat Pump -Ducted
Water SourceMunicipal
Construction MaterialsConcrete
RoofAsphalt Shingle
FlooringConcrete
Association Fee0.00
Listing Office NameExit Realty Town & Country
Listing AgentCharlene Meister
MLS®202623436
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice.
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.