Dedication | Focus | Loyalty
Active
$699,000
2025 Mayor Magrath Drive S
Redwood, Lethbridge
MLS® #A2319260
- 5,140 Sqft
- Built 1960
- Business
- ✓ Spacious Layout
Revenue around $1.45 mil. Exceptional opportunity to acquire a newly established, fully equipped restaurant business in a high-traffic area of Lethbridge. Setup just about a year ago, this modern 5,140 sq.ft. space features a bakery section, brand-new premium equipment, and high-end leasehold improvements, offering a completely turnkey operation. The business is already generating strong, high-volume sales with excellent growth potential. Due to unforeseen circumstances, the current owner is highly motivated to sell quickly, making this an incredible value-add opportunity for experienced restaurateurs or investors. Complete asset lists, lease details, and financials are available upon request. Do not miss out on this rare, high-potential asset! (id:66619)
Features
Interior
5,140 sqft
Year Built
1960
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Contact Kirsten Bernal for more information or to arrange a showing.
Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.