Active Listing

1515 Mayor Magrath Drive S

1515 Mayor Magrath Drive S, Lethbridge

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$96,000Price
1,130Sq Ft

Ready to own a profitable, turnkey restaurant in Lethbridge, Alberta? This well-established quick-service restaurant has built a strong local following, known for its diverse, crowd-pleasing menu featuring signature chicken wings (wet and dry flavours), fan-favorite sides like tornado potatoes, French fries, onion rings, and mac & cheese, along with popular lunch specials that keep customers coming back.

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Ready to own a profitable, turnkey restaurant in Lethbridge, Alberta? This well-established quick-service restaurant has built a strong local following, known for its diverse, crowd-pleasing menu featuring signature chicken wings (wet and dry flavours), fan-favorite sides like tornado potatoes, French fries, onion rings, and mac & cheese, along with popular lunch specials that keep customers coming back. Designed for efficiency and ease of operation, this business is ideal for entrepreneurs or family operators seeking a manageable, income-generating opportunity. The restaurant is fully operational, with consistent cash flow and a streamlined setup that allows for a smooth transition. The sale includes all equipment, fixtures, and a fully equipped commercial kitchen, along with the necessary licenses. Comprehensive training will be provided to ensure continued success under new ownership. Located in a high-visibility area of Lethbridge, the business benefits from strong brand presence and ongoing growth in the surrounding community. No additional setup is required—step in and start operating from day one. Business Details: • Base Rent: $2,260/month + GST • Sale Type: Asset Sale • Size: 1,130 sq. ft. This is a rare opportunity to acquire a ready-to-run restaurant with solid fundamentals and room for continued growth.

Specifications

Property Details

Property TypeCommercial
Property SubtypeRetail
StructureLow Rise (2-4 stories)
Transaction TypeFor Lease
Living Area1,130 sq ft
Building Area1,130 sq ft
Year Built2000
PossessionNegotiable
Occupant TypeTenant
Days on Market109
ListedApril 25, 2026
NeighbourhoodLakeview
MLS NumberA2305204
The Location

Lakeview

1515 Mayor Magrath Drive S, Lethbridge, Alberta, T1K 2R4

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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of Maxwell Devonshire Realty.

Listing Information

Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Active. MLS A2305204. Listed April 25, 2026. Listed by Maxwell Devonshire Realty.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). 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. Data last updated: August 30, 2026.