20, 1814 Mayor Magrath Drive S, Lethbridge
An exceptional opportunity to acquire a well-established and successfully operating barbecue restaurant in a prime, high-traffic location in Lethbridge. Situated along a major commercial corridor, this business benefits from excellent visibility, consistent foot traffic, and a strong, loyal customer base.This turnkey operation is known for its high-quality, slow-smoked meats and authentic barbecue offerings, delivering a consistent and flavorful dining experience that keeps customers coming back. The menu is thoughtfully curated with popular items and strong margins, making it both efficient and profitable.The business is fully equipped with professional-grade kitchen equipment, a well-designed layout, and streamlined operations already in place. It has built a solid reputation in the community and continues to perform steadily with significant potential for further growth through expanded marketing, catering, or extended hours.Ideal for an owner-operator or investor, this is a rare chance to step into a proven concept with an established brand presence, trained staff, and immediate cash flow.Don’t miss this opportunity to own a thriving food business in one of Lethbridge’s busiest retail areas. (id:1945)
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Property details for 20, 1814 Mayor Magrath Drive S, Lethbridge
- Type
- Commercial
- Living Area
- 2,111 square feet
Nearby Listings Stat
Estimated price and comparable properties near 20, 1814 Mayor Magrath Drive S
Active Listings
99
Min Price
$96,000
Max Price
$7,900,000
Avg Price
$605,965
Days on Market
159
days
Sold Listings
47
Min Sold Price
$115,000
Max Sold Price
$1,600,000
Avg Sold Price
$513,302
Days until Sold
57
days
Neighbourhood Census Data
Lethbridge, Alberta
Population
443
Median Age
50.6
Median Income
$33,664
Dwelling Value
$284,694
Housing Tenure
Owners 78%
Renters 19%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 1,616.2/km²
Avg Shelter Cost: $914/mo
Owners with Mortgage: 41.4%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 71.4%
English only: 94.3%
English and French: 4.5%
Median Household Income: $73,472
Median Employment Income: $31,808
Price History
Listed
April 22, 2026
by Real Broker
Current Price
$549,999
-8.3% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $549,999 | $50,000 (-8.3%) |
| May 22, 2026 | $599,999 | Listed |
