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Alberta Commercial Real Estate & Business For Sale

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Main Photo:  in Edmonton: Business for lease : MLS®# A2321284
Photo 1:  in Edmonton: Business for lease : MLS®# A2321284
Photo 2:  in Edmonton: Business for lease : MLS®# A2321284
Photo 3:  in Edmonton: Business for lease : MLS®# A2321284
Photo 4:  in Edmonton: Business for lease : MLS®# A2321284
Status:
For Lease
Prop. Type:
Commercial
MLS® Num:
A2321284
Build. Type:
Retail
Prime Restaurant Opportunity in Prestigious Magrath Heights – Bring Your Own Concept Rare opportunity to acquire a fully built-out restaurant space in the highly desirable Magrath Heights community of Southwest Edmonton. This turnkey location is ideal for entrepreneurs and restaurateurs looking to launch their own concept without the significant costs and delays associated with a new build. The premises feature a complete commercial kitchen, dining area, and extensive leasehold improvements, allowing for a seamless transition into operations. A recent appraisal completed by a certified appraiser valued the assets at $429,000, including Equipment valued at $138,000 and Leasehold Improvements valued at $291,000. Located in one of Edmonton’s most affluent and rapidly growing neighborhoods, the site benefits from strong demographics, high household incomes, excellent visibility, nearby schools, parks, retail amenities, and convenient access to major roadways. The surrounding residential population continues to expand, creating strong potential for a variety of restaurant and food-service concepts.
Property Type:
Commercial
Property Sub Type:
Business
Transaction Type:
For Lease
Lease Rate:
$42.00
Lease Payment Frequency:
Annually
Lease Measure:
Square Feet
Possession:
Possession Date:
Building Type:
Retail
Total Building Area:
1,959 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:
2021 (Age: 5)
Bathrooms:
- (Full:-, Half:-)
Structure Type:
Mixed Use
Ensuite:
No
Garage:
No
Appraisal report will be provided.
None Known
Num. of Parcels:
0
Region:
Edmonton
Listed Date:
Jun 15, 2026
Days on Mkt:
  • Photo 1:  in Edmonton: Business for lease : MLS®# A2321284
    Photo 1 of 4
  • Photo 2:  in Edmonton: Business for lease : MLS®# A2321284
    Photo 2 of 4
  • Photo 3:  in Edmonton: Business for lease : MLS®# A2321284
    Photo 3 of 4
  • Photo 4:  in Edmonton: Business for lease : MLS®# A2321284
    Photo 4 of 4
Larger map options:
Listed by RE/MAX Real Estate (Mountain View)
Data was last updated June 16, 2026 at 06:05 PM (UTC)

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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.