$3,300,000
Unlock Price Rating!

1131 Mayor Magrath Drive S, Lethbridge, AB T1K 2P9

 Contact

For Sale, 1131 Mayor Magrath Drive South, an 11, 804 square foot retail asset with 28 parking spots and 2719 12 Ave S, a 16-stall parking lot. The Property is located along Mayor Magrath Drive South, one of Lethbridges busiest commercial corridors, with traffic counts exceeding 30, 000 vehicles per day, providing exceptional visibility and long-term viability for tenants. Its strategic location offers seamless connectivity to key arterial routes, surrounding residential neighborhoods, and major demand drivers, including the Lethbridge Polytechnic, and regional retail destinations. The Property features a well-balanced mix of national and service-oriented tenants, including Dollarama, Luigis Pizza & Steakhouse, Macao Imperial Tea, a salon, and 28 Barbershop. This diverse tenancy creates a high-frequency consumer destination and a stable, diversified income stream. Ample on-site parking, as well as free city parking nearby, prominent signage exposure, and efficient ingress and egress further enhance the Propertys appeal to both tenants and investors. From an investment perspective, the Property benefits from strong long-term fundamentals supported by Lethbridges growing population, diversified economy, and role as a regional hub for Southern Alberta. The surrounding area continues to experience steady commercial activity and redevelopment, reinforcing the corridors position as a dominant retail destination. The Property represents an opportunity to acquire a well-located, highly visible commercial asset in one of Lethbridges most sought-after retail corridors, offering durable income and long-term upside potential.

Listing By: DOUG MERESKA - AVISON YOUNG cnpilar Realty.com
  • MLS® A2315809
  • Date Listed05/29/2026
  • Days on Realty 7 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.53 acres (23,086 sq. ft)
  • Subdivision Lakeview
  • County Lethbridge
  • Year Built 1985

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.53
  • Lot Size SQFT 23,086.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T1K 2P9

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

Walkability in AB / T1K 2P9

Source: Walk Score

80/100

Very Walkable

Walk Score ®

35/100

Some Transit

Transit Score ®

0/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

4 nearby routes: 4 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 33/100, Transit Score: 27/100, Bike Score: 36/100.

Points of Interest near 1131 Mayor Magrath Drive S, Lethbridge, AB T1K 2P9

Frequently Asked Questions for 1131 Mayor Magrath Drive S

Source: Realty.com

1131 Mayor Magrath Drive S, Lethbridge, AB T1K 2P9 in Lakeview, Lethbridge, AB T1K 2P9 is a retail listed at $3,300,000. Highlights include built in 1985, 0.53 acre lot. Realty.ca has 10 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 10 photos of 1131 Mayor Magrath Drive S.

Our records indicate that 1131 Mayor Magrath Drive S was built in 1985.

The full address for this home is 1131 Mayor Magrath Drive S, Lethbridge, AB T1K 2P9.

1131 Mayor Magrath Drive S has been listed on Realty.com since Fri May 29, 2026

Most errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 33/100, Transit Score: 27/100, Bike Score: 36/100.

Listing provided courtesy of: AVISON YOUNG (tel: 403-330-3338)
Listing agent: DOUG MERESKA (tel: 403-394-8239)

This content last refreshed on 2026-06-05 21:29:36. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.