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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.

Facts & 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 of 1009 Mayor Magrath Drive S

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed April 15th, 2026
Days on Market 155
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMaxWell Capital Realty

Listing Map

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