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2424 Mayor Magrath Drive S
Fairmont Lethbridge T1K 6Z3

$3,180,000
Commercial

Main Photo: 2424 Mayor Magrath Drive S in Lethbridge: Fairmont Retail for sale : MLS®# A2295192
Photo 1: 2424 Mayor Magrath Drive S in Lethbridge: Fairmont Retail for sale : MLS®# A2295192
Photo 2: 2424 Mayor Magrath Drive S in Lethbridge: Fairmont Retail for sale : MLS®# A2295192
Photo 3: 2424 Mayor Magrath Drive S in Lethbridge: Fairmont Retail for sale : MLS®# A2295192
Photo 4: 2424 Mayor Magrath Drive S in Lethbridge: Fairmont Retail for sale : MLS®# A2295192
Photo 5: 2424 Mayor Magrath Drive S in Lethbridge: Fairmont Retail for sale : MLS®# A2295192
Photo 6: 2424 Mayor Magrath Drive S in Lethbridge: Fairmont Retail for sale : MLS®# A2295192
Photo 7: 2424 Mayor Magrath Drive S in Lethbridge: Fairmont Retail for sale : MLS®# A2295192
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2295192
Build. Type:
Retail
Secure a premium retail asset on Mayor Magrath Drive with exposure to 29,000+ vehicles/day. This fully leased 4,835 sq. ft. plaza sits on a 0.62-acre site with excellent access, visibility, and ample parking. Anchored by nationally recognized tenants including TELUS (Tom Harris Cellular), OPA! of Greece, and CoCo Fresh Tea & Juice—delivering stable, diversified income with proven operators. Located in a dominant retail node surrounded by Safeway, Canadian Tire, and major QSR brands, this property offers strong in-place cash flow with clear upside through future rent growth in an expanding South Lethbridge market. Additional value-add potential with the ability to add another bay on the property (subject to City of Lethbridge approval). Ideal for investors seeking a low-vacancy, high-visibility asset with long-term appreciation and development upside. Contact your Realtor for a showing!
Property Type:
Commercial
Property Sub Type:
Retail
Transaction Type:
For Sale
Possession:
Possession Date:
Building Type:
Retail
Total Building Area:
4,835 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
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Reg. Size:
Reg. Size Includes:
Year built:
2001 (Age: 25)
Bathrooms:
- (Full:-, Half:-)
Plan:
9610505
Structure Type:
Retail
Ensuite:
No
Garage:
No
Fairmont
N/A
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Lethbridge
Zoning:
C-H
Listed Date:
Mar 20, 2026
Days on Mkt:
  • Photo 1: 2424 Mayor Magrath Drive S in Lethbridge: Fairmont Retail for sale : MLS®# A2295192
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  • Photo 2: 2424 Mayor Magrath Drive S in Lethbridge: Fairmont Retail for sale : MLS®# A2295192
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  • Photo 4: 2424 Mayor Magrath Drive S in Lethbridge: Fairmont Retail for sale : MLS®# A2295192
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  • Photo 7: 2424 Mayor Magrath Drive S in Lethbridge: Fairmont Retail for sale : MLS®# A2295192
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Listed by CLEARVIEW PROPERTY MANAGEMENT LTD.
Data was last updated March 23, 2026 at 08:05 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.