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https://www.cirrealty.ca/reb/ldar/2/A2295192_2.jpg https://www.cirrealty.ca/reb/ldar/2/A2295192_3.jpg https://www.cirrealty.ca/reb/ldar/2/A2295192_4.jpg https://www.cirrealty.ca/reb/ldar/2/A2295192_5.jpg https://www.cirrealty.ca/reb/ldar/2/A2295192_6.jpg https://www.cirrealty.ca/reb/ldar/2/A2295192_7.jpg

2424 Mayor Magrath Drive S

Lethbridge T1K6Z3

MLS® Number:  A2295192

Back to Fairmont   

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  • 2424 Mayor Magrath Drive S

$ 3,180,000

0

BEDROOMS

0 + 0

BATHROOMS

0

SQUARE FEET

2001

YEAR BUILT

https://www.cirrealty.ca/reb/ldar/2/A2295192_2.jpg

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MLS® Number
A2295192
PROPERTY TYPE
Retail
LISTING DATE
March-20-2026

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!

COMMUNITY  Fairmont
PROPERTY TYPE  Retail
BUILDING TYPE  Retail
STYLE  N/A
YEAR BUILT 2001
SQUARE FOOTAGE  0
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING 
FIREPLACE  N/A
FLOORING 
HEATING 
LAUNDRY 
LOT FEATURES 
PARKING 
RESTRICTIONS  None Known
ROOF 
TITLE  Fee Simple
BROKER  CLEARVIEW PROPERTY MANAGEMENT LTD.

 

 

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.