1515 Mayor Magrath Drive S, Lethbridge

2026-06-15
 

Quick Summary

Location
1515 Mayor Magrath Drive S, Lethbridge, Alberta T1K2R4
Price
$150,000 CAD
Status:
For sale or rent
Property Type:
Business
Area:
1130 sqft
Year of Construction:
2000

MLS®#A2305204

Property Description

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. (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 1130 sqft
  • Building Type: Retail

Land

  • Land Size: Unknown

Information entered by Maxwell Devonshire Realty
Listing information last updated on: 2026-06-14 18:30:24


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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

Q
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.


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