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123 4 Street S, Lethbridge

LCDT, Lethbridge

$799,000Lease $14,400 Monthly

About this property

Prime downtown Lethbridge restaurant opportunity. Excellent location for a large, fully equipped restaurant in downtown Lethbridge. This established space offers seating for approximately 170 guests and is fully licensed to sell liquor. The restaurant features a spacious well-designed kitchen. Ideal for efficient prep and smooth staff movement. Includes two walk-in coolers and one oversized freezer, making it suitable for high-volume operations. The dining area offers a pleasant and inviting atmosphere with comfortable booth seating and tasteful décor that appeals to a wide range of customers. A steady clientele is already in place. Conveniently located near numerous office buildings, government offices, and the downtown mall. Providing strong daytime and evening traffic. The layout is well-suited for a large restaurant concept. The bar side is also available for lease. A strong opportunity for operators seeking a turnkey restaurant in a high-traffic downtown location. Please do not approach staff or the business directly. All showings must be arranged with a Realtor. Direct inquiries to the business will result in rejection of viewing requests.

Essential information

MLS® number
A2275713
Status
Active
Price
$799,000
Lease rate
$14,400 Monthly
Property type
Commercial
Type
Retail
Transaction
For Lease
Restrictions
Lease Restriction
Building area
9,600 sq ft
Year built
1900
Structure
Retail
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System

Community

Subdivision
LCDT
City
Lethbridge
Province
AB
Postal code
T2J 1Z9

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Business valuation calculator

SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.

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The deal

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MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

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