$7,900,000
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4015 Mayor Magrath Drive S, Lethbridge, AB T1K6Y7

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- Beds
0 Baths
9,750 Sq Ft

Fantastic Opportunity to acquire one of the last pieces of commercial land with frontage to Mayor Magrath Drive S. In Lethbridge - This property is 8 acres with 1.5 acres positioned in the Coulees(unusable). The usable 6.5 acres is located in the largest commercial corridor of the city. Ideas for use that come to mind could be retail, hotel, medical, mixed residential/commercial use, or other opportunities that would benefit from the current 25, 000-30, 000 VPD that this location sees. This property is surrounded immediately to the north by many big box stores(Walmart, Costco, Rona, Ashley Furniture, Best Buy, Home Depot, Superstore, Home Sense, The Brick, etc.), retail shops, restaurants, medical, and additional services. On a clear day you can see the mountain range(Chief Mountain) in the distance, and the topography of the coulees adds to the views that could be created from a multi-story building on this land. This location serves as the south end entrance to the city surrounded by some of the most expensive homes and real estate that Lethbridge has to offer, including two executive residential neighbourhoods($1million + homes) in South Ridge and Arbour Ridge Estates. It is also adjacent to Southgate which offers more homes that are traditionally higher priced than other locations in the city for the similar size properties. Suitable for a developer looking to own a nice piece of Lethbridge in a PRIME location. Buildings includes are a 8072 sf footprint building with 1678 sf in upper level offices/boardroom/mezzanine. There is also a 4 bed, 2 bath bungalow home with 3 car garage on the property that had extensive renovations in 2020, and has a month to month tenant. PLEASE DO NOT APPROACH ANYONE AT THE BUSINESS ON PROPERTY ABOUT A SALE! Call your Realtor for more info. Land & Buildings Sale only. (id:58753)

Listing By: SHAWN ORMSTON - REAL BROKER cncrea2 Realty.com
  • MLS® A2285703
  • Date Listed02/12/2026
  • Days on Realty 114 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 348,480 sq. ft
  • Subdivision Southgate
  • Year Built 1983
  • Square Feet 9,750 sq. ft
  • Price Per Sq. Ft $810.26

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 348,480.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T1K6Y7

Discover key demographics, population statistics, and environmental insights for the Lethbridge, AB area.

Walkability in AB / T1K6Y7

Source: Walk Score

2/100

Car-Dependent

Walk Score ®

33/100

Some Transit

Transit Score ®

26/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

2 nearby routes: 2 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 30/100, Transit Score: 24/100, Bike Score: 34/100.

Points of Interest near 4015 Mayor Magrath Drive S, Lethbridge, AB T1K6Y7

Frequently Asked Questions for 4015 Mayor Magrath Drive S

Source: Realty.com

4015 Mayor Magrath Drive S, Lethbridge, AB T1K6Y7 in Southgate, Lethbridge, AB T1K6Y7 is a mixed use listed at $7,900,000. Highlights include 9,750 sq. ft., built in 1983, $810 per sq. ft.. Realty.ca has 16 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 16 photos of 4015 Mayor Magrath Drive S.

Our records indicate that 4015 Mayor Magrath Drive S was built in 1983.

The full address for this home is 4015 Mayor Magrath Drive S, Lethbridge, AB T1K6Y7.

4015 Mayor Magrath Drive S has been listed on Realty.com since Thu February 12, 2026

Almost all errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 30/100, Transit Score: 24/100, Bike Score: 34/100.

Listing provided courtesy of: REAL BROKER
Listing agent: SHAWN ORMSTON

This content last refreshed on 2026-06-06 02:47:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.