2025 Mayor Magrath Drive S
Lethbridge, Alberta
MLS® A2319260
$699,000
- Status
- Active
- Property type
- Business
- MLS® number
- A2319260
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1960
1 / 6Listing description
Revenue around $1. 45 mil. Exceptional opportunity to acquire a newly established, fully equipped restaurant business in a high-traffic area of Lethbridge.
Setup just about a year ago, this modern 5,140 sq. ft. space features a bakery section, brand-new premium equipment, and high-end leasehold improvements, offering a completely turnkey operation.
The business is already generating strong, high-volume sales with excellent growth potential. Due to unforeseen circumstances, the current owner is highly motivated to sell quickly, making this an incredible value-add opportunity for experienced restaurateurs or investors. Complete asset lists, lease details, and financials are available upon request.
Do not miss out on this rare, high-potential asset!
Property summary
- MLS® number
- A2319260
- Property type
- Business
- Building type
- Retail
- Square footage
- 5,140 sq ft
- Built in
- 1960
- Days on market
- 84 days
What would this home cost you?
Based on the $699,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CIR Realty, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.