New Minas Properties
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- 202623436
- Bus Major:
- Restaurant
- Photos (37)
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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.
- From Highway 101 take Exit 12. North to Hwy 1. Right on Civic on RHS.
- Listing Sub-Area:
- Kings County
- Property Type:
- Commercial
- Commercial Type:
- Commercial Retail
- Major Bus Type:
- Restaurant
- Title To Land:
- Freehold
- Year built:
- 2003 (Age: 23)
- Age:
- 23
- Main Living Area:
- 4,882 sq. ft.454 m2
- Floor Area:
- 4,882 sq. ft.454 m2
- Building Dimenions:
- 88' x 50' minus 75sq ft
- Prop Size:
- Under 0.5 Acres
- Lot Size:
- 17,171 sq. ft.1,595 m2
- Outside Dimenions:
- 88' x 50' minus 75 sq ft
- Zoning:
- C1
- Construction:
- Concrete
- New Constr.:
- No
- Parking:
- Yes
- Driveway:
- Circular, Parking Spaces(s), Paved
- Parking Description:
- Paved, Parking Spaces, Circular
- Floor Finish:
- Concrete
- Roof:
- Asphalt Shingle
- Heating:
- Heat Pump -Ducted
- Fuel:
- Electric, Propane
- Water Supply:
- Municipal
- Utilities:
- Cable, Electrical, Sewer, Telephone
- Wheelchair Accessible
- Cleared, Highway Access, Public Transportation, Shopping Nearby, Visual Exposure, High Traffic Location
- Air Conditioning, Laundry Facilities, Public Washrooms, Security System, Ventilation System, Window Display
- All Equipment, Inventory
- POS and Dishwasher are leased
- Other
- No
- Rental Income:
- No
- Possession Info:
- Negotiable
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Listed by Exit Realty Town & Country
Data was last updated September 16, 2026 at 07:20 PM (UTC)
Area Statistics
- Listings on market:
- 20
- Avg list price:
- $894,750
- Min list price:
- $0
- Max list price:
- $8,500,000
- Avg days on market:
- 109
- Min days on market:
- 2
- Max days on market:
- 497
- Avg price per sq.ft.:
- $155.51
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- MARK BURGESS
- Royal LePage Atlantic (Greenwood)
- 1 (902) 6907652
- Contact by Email
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