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Main Photo: 2025 Mayor Magrath Drive S in Lethbridge: Redwood Retail for lease : MLS®# A2319260
Photo 1: 2025 Mayor Magrath Drive S in Lethbridge: Redwood Retail for lease : MLS®# A2319260
Photo 2: 2025 Mayor Magrath Drive S in Lethbridge: Redwood Retail for lease : MLS®# A2319260
Photo 3: 2025 Mayor Magrath Drive S in Lethbridge: Redwood Retail for lease : MLS®# A2319260
Photo 4: 2025 Mayor Magrath Drive S in Lethbridge: Redwood Retail for lease : MLS®# A2319260
Photo 5: 2025 Mayor Magrath Drive S in Lethbridge: Redwood Retail for lease : MLS®# A2319260
Photo 6: 2025 Mayor Magrath Drive S in Lethbridge: Redwood Retail for lease : MLS®# A2319260
Status:
For Lease
Prop. Type:
Commercial
MLS® Num:
A2319260
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 Type:
Commercial
Property Sub Type:
Retail
Transaction Type:
For Lease
Lease Rate:
$11,738.00
Lease Payment Frequency:
Monthly
Lease Measure:
Fixed
Possession:
Possession Date:
Business Type:
Restaurant
Total Building Area:
5,140 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1960 (Age: 66)
Bathrooms:
- (Full:-, Half:-)
Structure Type:
Retail
Ensuite:
No
Garage:
No
Redwood (Lethbridge)
N/A
None Known
Num. of Parcels:
0
Region:
Lethbridge
Listed Date:
Jun 08, 2026
Days on Mkt:
  • Photo 1: 2025 Mayor Magrath Drive S in Lethbridge: Redwood Retail for lease : MLS®# A2319260
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  • Photo 2: 2025 Mayor Magrath Drive S in Lethbridge: Redwood Retail for lease : MLS®# A2319260
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  • Photo 3: 2025 Mayor Magrath Drive S in Lethbridge: Redwood Retail for lease : MLS®# A2319260
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  • Photo 4: 2025 Mayor Magrath Drive S in Lethbridge: Redwood Retail for lease : MLS®# A2319260
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  • Photo 5: 2025 Mayor Magrath Drive S in Lethbridge: Redwood Retail for lease : MLS®# A2319260
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  • Photo 6: 2025 Mayor Magrath Drive S in Lethbridge: Redwood Retail for lease : MLS®# A2319260
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Larger map options:
Listed by CIR Realty
Data was last updated June 25, 2026 at 12:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.