1009 Mayor Magrath Drive S, Lethbridge
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. (id:1945)
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Property details for 1009 Mayor Magrath Drive S, Lethbridge
- Type
- Commercial
- Living Area
- 3,000 square feet
Nearby Listings Stat
Estimated price and comparable properties near 1009 Mayor Magrath Drive S
Active Listings
103
Min Price
$1,500
Max Price
$2,100,000
Avg Price
$493,760
Days on Market
50
days
Sold Listings
46
Min Sold Price
$115,000
Max Sold Price
$1,600,000
Avg Sold Price
$476,132
Days until Sold
48
days
Neighbourhood Census Data
Lethbridge, Alberta
Population
519
Median Age
38
Median Income
$31,360
Dwelling Value
$264,919
Housing Tenure
Owners 65%
Renters 33%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 1,998.5/km²
Avg Shelter Cost: $1,029/mo
Owners with Mortgage: 51.6%
Owners Spending 30%+: 12.9%
Tenants Spending 30%+: 37.5%
English only: 96.2%
English and French: 3.8%
Median Household Income: $69,760
Median Employment Income: $31,296
Price History
Listed
April 15, 2026
by MaxWell Capital Realty
Current Price
$299,900
-14.3% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $299,900 | $50,000 (-14.3%) |
| Jun 3, 2026 | $349,900 | Listed |
