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Listed price in listed location currency (CAD).
$3,180,000

000

MLS® A2295192

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 9
Approx. Age 2001
MLS® Number A2295192

Property Address: 2424 Mayor Magrath Dr S, Lethbridge, AB, T1K

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® NumberA2295192
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2001
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

N/A

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 20, 2026List Date
$3,180,000List Price

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