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$3,180,000 - 2424 Mayor Magrath Drive S, Lethbridge

-
Bedrooms
-
Baths
N/A
SQ. Feet
2001
Year Built

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!

Essential Information

  • MLS® #:
    A2295192
  • Price:
    $3,180,000
  • Bathrooms:
    0.00
  • Acres:
    0.00
  • Year Built:
    2001
  • Type:
    Commercial
  • Sub-Type:
    Retail
  • Status:
    Active

Community Information

  • Address:
    2424 Mayor Magrath Drive S
  • Subdivision:
    Fairmont
  • City:
    Lethbridge
  • County:
    Lethbridge
  • Province:
    Alberta
  • Postal Code:
    T1K6Z3

Additional Information

  • Zoning:
    C-H

Listing Details

  • Courtesy of
    Clearview Property Management Ltd.

MLS listings provided by Pillar 9™. Information Deemed Reliable But Not Guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information last updated on April 4th, 2026 at 5:30pm CDT.