About this property
Prime Restaurant Opportunity in Prestigious Magrath Heights – Bring Your Own ConceptRare opportunity to acquire a fully built-out restaurant space in the highly desirable Magrath Heights community of Southwest Edmonton. This turnkey location is ideal for entrepreneurs and restaurateurs looking to launch their own concept without the significant costs and delays associated with a new build.The premises feature a complete commercial kitchen, dining area, and extensive leasehold improvements, allowing for a seamless transition into operations. A recent appraisal completed by a certified appraiser valued the assets at $429,000, including Equipment valued at $138,000 and Leasehold Improvements valued at $291,000.Located in one of Edmonton’s most affluent and rapidly growing neighborhoods, the site benefits from strong demographics, high household incomes, excellent visibility, nearby schools, parks, retail amenities, and convenient access to major roadways. The surrounding residential population continues to expand, creating strong potential for a variety of restaurant and food-service concepts. (id:65883)
Location
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Property summary
- MLS® number
- A2321284
- Listing status
- Active
- Lease rate
- Rate on request
- Listed on
- 2026-06-15
- Last updated
- 2026-10-26
- Property type
- Business
- Floor area
- 1959 square feet
- Year built
- 2021
- Listing brokerage
- RE/MAX Real Estate (Mountain View)
Condo & HOA / association fees
- HOA / association fee
- Not provided in the listing feed
- Payment frequency
- Not provided in the listing feed
- Reported fee includes
- Coverage not provided in the listing feed
Heating & cooling
- Fireplace
- No
Source: MLS® listing via REALTOR.ca DDF®. Listed by RE/MAX Real Estate (Mountain View). Information is believed reliable but should be independently verified. Measurements and availability may change.
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Edmonton Area Property · MLS® A2321284
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Edmonton Area Property · MLS® A2321284