New Minas Properties
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- 202623717
- Bus Major:
- Other
- Photos (44)
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An exceptional investment opportunity awaits in the heart of New Minas! Prominently situated on a large corner lot along high-traffic Commercial Street, this well-maintained mixed-use building offers outstanding visibility, ample paved parking, and convenient access to Highway 101. The main level provides more than 10,000 square feet of versatile commercial space, currently used for offices and storage. Garage doors located at the side and rear of the building provide convenient access and added functionality, making the space suitable for a wide variety of business or commercial uses. The upper level features five two-bedroom apartments, creating an established residential component and steady income. With its prime location, generous square footage, flexible layout, and combination of commercial and residential space, this property presents an exciting opportunity for investors and business owners alike.
- Take EXIT 12 in New Minas, travelling north on New Minas Connector Rd, turn right at lights onto Commercial Street.
- Listing Sub-Area:
- Kings County
- Property Type:
- Commercial
- Commercial Type:
- Other
- Major Bus Type:
- Other
- Title To Land:
- Freehold
- Year built:
- 1994 (Age: 32)
- Age:
- 32
- Main Living Area:
- 10,640 sq. ft.988 m2
- Floor Area:
- 10,640 sq. ft.988 m2
- Building Dimenions:
- 38x140
- Prop Size:
- 0.5 to 0.99 Acres
- Lot Size:
- 0.65 acre(s)0.26 hectare(s)
- Outside Dimenions:
- 38x140
- Zoning:
- C1
- Construction:
- Other
- New Constr.:
- No
- Parking:
- Yes
- Driveway:
- Parking Spaces(s), Paved
- Garage Description:
- Garage doors available on the side and at the back of the building
- Parking Description:
- Large paved parking lot
- # Floors:
- 2
- Floor Finish:
- Concrete, Other
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard
- Fuel:
- Electric, Oil
- Water Supply:
- Municipal
- Utilities:
- Electrical, Municipal Water, Sewer, Telephone
- Cleared, Shopping Nearby, Corner Site, High Traffic Location, Public Parking
- Living Accommodations
- Fridge and stove in each apartment
- The washer and dryers in each unit belong to the tenants
- None
- No
- 8861 COMMERCIAL ST NEW MINAS LAND RES/COM MIX
- Rental Income:
- Yes
- Net Income:
- 85.704.76
- Gross Revenue:
- 128502.00
- Total Expenses:
- 42797.24
- Business Tax Payer:
- Owner
- Property Taxes Payer:
- Owner
- Heating Payer:
- Owner
- Hydro Payer:
- Owner
- Water Payer:
- Owner
- Insurance Payer:
- Owner
- Structural Maintenance Payer:
- Owner
- Exterior Maintenance Payer:
- Owner
- Interior Maintenance Payer:
- Owner
- Possession Info:
- Immediate. Vacant possession is subject to tenancy
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Larger map options:
Listed by Viewpoint Realty Services Inc.
Data was last updated October 9, 2026 at 06:30 AM (UTC)
Area Statistics
- Listings on market:
- 21
- Avg list price:
- $970,000
- Min list price:
- $0
- Max list price:
- $8,500,000
- Avg days on market:
- 114
- Min days on market:
- 20
- Max days on market:
- 519
- Avg price per sq.ft.:
- $152.94
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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