St. Albert, AB Commercial Real Estate for Lease and Sale

Explore 34 listings of St. Albert commercial real estate to find the best space for your business.

64 Riel Drive

64 Riel Drive, Riel Business Park, St. Albert, AB
Property

Office

7,488 SF
Availability

3 Spaces

3,611 SF
For Lease

$12.00 - $14.00/SF/YR
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39 St Thomas St

39 39 Saint Thomas Street, Downtown St. Albert, St. Albert, AB
Property

Healthcare

7,000 SF
Availability

1 Space

1,565 SF
Year Built

2001
For Lease

$24.00/SF/YR
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Riverbank Landing

230 Bellerose Drive, Oakmont, St. Albert, AB
Property

VacantLand
For Sale

See Listing
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50 Green Grove Drive

50 Green Grove Drive, Grandin, St. Albert, AB
Property

Retail

12,147 SF
For Sale

$4,600,000
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What type of listing property are you looking for?

Office Coworking Retail

Office Retail Industrial Land
230 Bellerose Drive

230 Bellerose Drive, Oakmont, St. Albert, AB
Property

Retail

10,000 SF
For Sale

$492,000
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7 Saint Anne Street

7 Saint Anne Street, Downtown St. Albert, St. Albert, AB
Property

Office

44,800 SF
For Sale

$6,500,000
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Sturgeon Plaza Retail Spaces

1 Hebert Road, Sturgeon Heights, St. Albert, AB
Property

Retail

29,747 SF
Availability

2 Spaces

5,765 SF
For Lease Contact for pricing
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5 Giroux Road

5 5 Giroux Road, Deer Ridge, St. Albert, AB
Property

Retail

2,000 SF
Availability Contact for availability

For Lease Contact for pricing
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39 St Thomas St

39 39 Saint Thomas Street, Downtown St. Albert, St. Albert, AB
Property

Retail

6,000 SF
Availability Contact for availability

For Lease Contact for pricing
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20 Sir Winston Churchill Ave

20 Sir Winston Churchill Ave, Downtown St. Albert, St. Albert, AB
Property

Retail

2,163 SF
Availability

2 Spaces

4,257 SF
For Lease

$18.00/SF/YR
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St. Albert Portfolio Character Building for Sale

15 15 Perron Street, Downtown St. Albert, St. Albert, AB
Property

Retail

5,937 SF
Availability Contact for availability
Year Built

2010
For Lease Contact for pricing
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Sparkle Car Wash

50 Green Grove Drive, Grandin, St. Albert, AB
Property

Retail

12,147 SF
For Sale Contact for pricing
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41 St Thomas Street

41 41 Saint Thomas Street, Downtown St. Albert, St. Albert, AB
Property

Retail

5,604 SF
Availability

1 Space

958 SF
Year Built

2001
For Lease

$34.50/SF/YR
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28 Muir Drive
St. Albert Coworking
28 Muir Drive, St. Albert, AB
Services

Open Workspace

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

Free water

High-speed wifi

Parking

Printer

Receptionist/Secretarial services
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Erin Ridge

1115 St. Albert Trail, Erin Ridge North, St. Albert, AB
Property

Retail

1,141 SF
Availability

1 Space

1,141 SF
For Lease Contact for pricing
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64 Riel Drive

64 Riel Drive, Riel Business Park, St. Albert, AB
Property

Office

12,394 SF
For Sale

$2,185,000
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7 Saint Anne Street

7 Saint Anne Street, Downtown St. Albert, St. Albert, AB
Property

Office

10,000 SF
Availability

1 Space

895 SF
For Lease

$17.00/SF/YR
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Riverbank Landing #118

260 Riverbank Landing, Erin Ridge, St. Albert, AB
Property

Retail

1,467 SF
For Sale

$711,500
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Riverside Landing

10 Rose Gate, Riverside, St. Albert, AB
Property

Retail

11,900 SF
Availability

3 Spaces

11,900 SF
For Lease Contact for pricing
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Campbell Business Park #30

20 CIRCLE DRIVE, Campbell Business Park, St. Albert, AB
Property

Office

2,865 SF
For Sale

$779,000
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560/570 1115 Saint Albert Trail

560/570 1115 Saint Albert Trail, Erin Ridge North, St. Albert, AB
Property

Retail

2,568 SF
For Sale

$1,400,000
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Riverbank Landing #120

260 Riverbank Landing, Grandin, St. Albert, AB
Property

Retail

1,052 SF
For Sale

$511,900
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Carleton Drive

145 Carleton Drive, Campbell Business Park, St. Albert, AB
Property

Retail

1,875 SF
Availability

1 Space

1,875 SF
For Lease Contact for pricing
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410 Saint Albert Trail

410 Saint Albert Trail, Lacombe Park, St. Albert, AB
Property

Retail

6,697 SF
Availability

4 Spaces

6,697 SF
For Lease Contact for pricing
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Erin Ridge Plaza

1115 Saint Albert Trail, Erin Ridge North, St. Albert, AB
Property

Retail

6,550 SF
Availability

2 Spaces

1,592 SF
For Lease

$30.00/SF/YR
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205 Chatelain Drive #3

205 Chatelain Drive, Campbell Business Park, St. Albert, AB
Property

Industrial

1,847 SF
Year Built

1979
For Sale

$430,000
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St. A Square

32 Saint Anne Street, Downtown St. Albert, St. Albert, AB
Property

Office

13,541 SF
Availability

3 Spaces

9,735 SF
For Lease

$39.00/SF/YR
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1135 Saint Albert Trail

1135 Saint Albert Trail, Erin Ridge North, St. Albert, AB
Property

Office

7,960 SF
Availability

1 Space

5,160 SF
For Lease

$27.50/SF/YR
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Riverbank Landing #119

260 Riverbank Landing, Grandin, St. Albert, AB
Property

Retail

1,056 SF
For Sale

$511,900
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700 Saint Albert Trail

700 Saint Albert Trail, Jensen Lakes, St. Albert, AB
Property

Retail

251,329 SF
Availability

2 Spaces

4,900 SF
For Lease Contact for pricing
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Sturgeon Medical Centre

625 Saint Albert Trail, Erin Ridge, St. Albert, AB
Property

Office

44,641 SF
Availability

3 Spaces

10,707 SF
Year Built

2019
For Lease Contact for pricing
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Riverbank Landing #121

260 Riverbank Landing, Grandin, St. Albert, AB
Property

Retail

1,054 SF
For Sale

$511,900
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Riverbank Landing #122a

260 Riverbank Landing, Grandin, St. Albert, AB
Property

Retail

1,015 SF
For Sale

$492,000
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Erin Ridge, #230

1115 St. Albert Trail, Erin Ridge North, St. Albert, AB
Property

Retail

1,141 SF
For Sale Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The St. Albert commercial real estate market incorporates 125,507 square feet of office space across 9 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The St. Albert commercial real estate market includes 440,218 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the St. Albert market, there is a total of 1,847 square feet of industrial property.

The listing inventory in St. Albert incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in St. Albert is represented by Retail space, which accounts for 49,585 square feet of available listings. Office space available in St. Albert adds up to 19,401 square feet.

Meanwhile, most of the listings of commercial property for sale in St. Albert are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in St. Albert is $26.5 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in St. Albert can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in St. Albert, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in St. Albert is in the Downtown St. Albert neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Riel Business Park area.

Meanwhile, retail space opportunities are most abundant in the Lacombe Park submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Campbell Business Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $34.5 per square foot.

The average size of a commercial property in St. Albert depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In St. Albert, the average size of an office property is 15,689 square feet.
Retail properties here incorporate an average of 18,343 square feet.
Industrial space in St. Albert is in buildings that are, on average 1,847 square feet in size.

St. Albert, AB Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in St. Albert currently add up to 63,464 square feet. The market offers 5 active office listing(s), which amount to 19,401 square feet and account for 26% of commercial spaces on the market. Local retail availability includes 42,498 square feet across 13 retail space(s).

Property Type	Count of Listings	Total SF
Office	5	19,401
Retail	13	42,498
Other	1	1,565

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in St. Albert, AB. Currently, there is 110,869 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 10 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	60,059
Retail	10	43,647
Industrial	2	7,163

St. Albert, AB Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in St. Albert, AB?

What factors affect the price of commercial real estate in St. Albert, AB?

What is the average rent for commercial space in St. Albert, AB?

What are the best areas for commercial real estate in St. Albert, AB?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in St. Albert, AB?

St. Albert, AB Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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