1009 Mayor Magrath Drive S, Lethbridge, Alberta

$299,900

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About 1009 Mayor Magrath Drive S

Golden opportunity to operate a well-established, fully licensed sushi restaurant in Lethbridge! This restaurant generates proven annual sales of approximately 1 Million dollars, supported by a strong base of repeat clientele, with further growth potential for a dedicated and motivated owner. Situated on the ground level of the Travelodge Hotel with 3,000 sqft of well-improved space, the restaurant accommodates up to 70 patrons with comfortable booth seating. The fully equipped kitchen is designed to handle high-volume service and includes a commercial dishwashing station, walk-in freezer, and walk-in cooler. The owner has successfully operated this restaurant for 11 years, and just signed 5yr lease last year, with option to renew for another 5 years. The gross lease includes all utilities & GST. Ideally located by a major road near a golf course, parks, well-known landmarks, and other popular retailers, the property benefits from excellent visibility & street exposure. And there is a huge parking lot for customers. Exceptional value! Don’t miss this opportunity! Please respect the business and do not visit without an appointment.

Features of 1009 Mayor Magrath Drive S

MLS® # A2302144
Price $299,900
Year Built 2010
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 1009 Mayor Magrath Drive S
Subdivision Lakeview
City Lethbridge
County Lethbridge
Province Alberta
Postal Code T1K 2P7

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed April 15th, 2026
Days on Market 97
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMaxWell Capital Realty

Listing Map