8986 COMMERCIAL STREET
NSAR · B4N3E2
$1,180,000
About this residence
Great opportunity for the Developer and investor! This property is situated on a high-trafficCommercial Street, New Minas, Nova Scotia. Offering great visibility and constant foot and vehicletraffic. The business is well-known in the area and surrounded by other stores like Starbucks, HomeDepot, Winners, Sobeys, Canadian Tire, etc. 4200 S.F. main floor, 800 S.F. second floor, 17,170S.F. commercial lot, off-street parking, and wrap-around driveway with two curb access points ontoCommercial Street. Sale includes successful restaurant, all equipment, inventory, décor (excludingcertain person items), building and land. POS and dishwasher (Ecolab) are monthly leases.General Commercial (C1) Zoning can accommodate a very wide range of commercial use and low-impactindustrial developments. It also allows to built 6-7 stories residential units above or behind withground floor commercial uses(Maximum Building Height: 65 feet). Don't miss out on this opportunity,book your private viewing today, limited viewing times available as this is an operating business. (id:61366)
Property details
- Property type
- Other
- Ownership
- Freehold
- Living area
- 5,000 sq ft
- Lot size
- 0.3942
- Year built
- 2003
- MLS®
- 202528716
- Board
- NSAR
- Status
- Inactive
- Listed
- Nov 28, 2025
- Updated
- Dec 10, 2025
Features & finishes
Flooring
- Concrete
Cooling
- Heat Pump
Parking
- Visitor Parking
- Parking Space(s)
- Paved Yard
Financing
Estimated monthly payment
$5,519/mo
Loan amount
$944,000
Down payment
$236,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
NSAR
Nearby
About the area
Census · B4N- 18,024
- Population
- 46
- Median age
- $64,000
- Median income
- $250,000
- Median home value
- 60%
- Home ownership
- 19 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 8986 COMMERCIAL STREET?
8986 COMMERCIAL STREET is listed for $1,180,000, in NSAR.
What type of home is 8986 COMMERCIAL STREET?
8986 COMMERCIAL STREET is a Other, built in 2003.
How large is 8986 COMMERCIAL STREET?
The home offers approximately 5,000 sq ft of living space on a lot measuring 0.3942.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $5,519. Use the mortgage calculator above to model your own scenario.
What is the NSAR area like?
NSAR has a population of about 18,024, a median age of 46, a 60% home-ownership rate, with an average commute of about 19 minutes.
What is the average home value in NSAR?
The median dwelling value in this area is approximately $250,000, based on census data via Neighbourly.
What is the median household income in NSAR?
The median household income in this area is approximately $64,000.
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Private viewings
Arrange a private viewing of 8986 COMMERCIAL STREET.
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