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Home AB Greater Lethbridge Lethbridge Lakeview
1303 Mayor Magrath Drive S
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1303 Mayor Magrath Drive S $7,850,000
$7,850,000
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1303 Mayor Magrath Drive S
Lethbridge, Alberta T1K2R1

MLS® Number: A2165361

Listing Description

Sale of Property and Business together. Presenting a prime investment opportunity in the heart of Lethbridge, this property includes both the Ramada Inn by Wyndham and the Chinook Motel, offering a combined total of 86 rooms—66 in the Ramada and 20 in the Chinook. Centrally located, this property benefits from excellent visibility and accessibility, making it a popular choice for both leisure and business travelers. Additionally, the site features the True Swing Indoor Golf, a unique amenity that enhances the guest experience. With strong revenues and a well-established presence in the market, this property is an exceptional opportunity for investors seeking a high-performing hospitality business. (29572423)

Property Summary

Property Type
Business
Community Name
Lethbridge College
Subdivision Name
Lethbridge College
Land Size
Unknown
Built in
1974
Annual Property Taxes
$60,250
Time on REALTOR.ca
100 days

Measurements

Square Footage
41084 sqft
Total Finished Area
41084 sqft
Exterior Building Size
41084 sqft

Land

Other Property Information
Zoning Description
C-H
Data provided by: Pillar 9™
Ovais Siddiqui