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

Explore 25 listings of St. Albert commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

20 Sir Winston Churchill Ave

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

Retail

2,163 SF
Availability

2 Spaces

3,208 SF
For Lease

$10.00 - $18.00/SF/YR
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Village Landing

140 Saint Albert Trail, Grandin, St. Albert, AB
Property

Retail

16,106 SF
Availability

3 Spaces

22,106 SF
For Lease Contact for pricing
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23 Bellerose Building

23 Bellerose Drive, Inglewood, St. Albert, AB
Property

Office

34,867 SF
For Sale

$8,050,000
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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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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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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

Healthcare

7,000 SF
Availability

1 Space

1,565 SF
Year Built

2001
For Lease

$24.00/SF/YR
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20 Circle Drive

20 Circle Drive, Campbell Business Park, St. Albert, AB
Property

Office

2,865 SF
For Sale

$779,000
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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 North

St. Albert Trail & Element Drive North, Erin Ridge North, St. Albert, AB
Property

VacantLand
Availability

1 Space

250,000 Acre
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

$2,550,000
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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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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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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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Sierras of Inglewood

585 St Albert Trail, Inglewood, St. Albert, AB
Property

Retail

2,666 SF
Availability

1 Space

885 SF
For Lease

$26.00/SF/YR
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30 Chevigny Street

30 Chevigny Street, Campbell Business Park, St. Albert, AB
Property

Industrial

1,420 SF
Availability

1 Space

1,420 SF
For Lease

$14.00/SF/YR
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Erin Ridge North

St. Albert Trail & Element Drive North, Erin Ridge North, St. Albert, AB
Property

VacantLand
For Sale

Subject To Offer
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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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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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Liberton Terrace

Liberton Terrace, Lacombe Park, St. Albert, AB
Property

Retail

1,000 SF
For Sale

$369,900/SF
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Sturgeon Plaza

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

Retail

4,680 SF
Availability

1 Space

4,680 SF
For Lease Contact for pricing
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EPC Erin Ridge Plaza

#910 - 1115 St. Albert Trail, Erin Ridge North, St. Albert, AB
Property

Retail

2,654 SF
For Sale

$1,500,000
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161 Liberton Dr

161 Liberton Dr, Lacombe Park, St. Albert, AB
Property

Retail

1,000 SF
Availability

1 Space

1,000 SF
For Lease

$17.00/SF/YR
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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

$25.00/SF/YR
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18 Inglewood

18 Inglewood Drive, Inglewood, St. Albert, AB
Property

Retail

8,780 SF
Availability

1 Space

8,780 SF
For Lease 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 190,427 square feet of office space across 11 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 529,106 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 1,420 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 55,575 square feet of available listings. Office space available in St. Albert adds up to 20,892 square feet.

Meanwhile, most of the listings of commercial property for sale in St. Albert are in the Office 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 $20.73 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 Erin Ridge North 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 Riverside 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 $27.5 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 19,043 square feet.
Retail properties here incorporate an average of 35,274 square feet.
Industrial space in St. Albert is in buildings that are, on average 1,420 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 10,890,079,452 square feet. The market offers 6 active office listing(s), which amount to 20,892 square feet and account for 28% of commercial spaces on the market. Local retail availability includes 55,575 square feet across 12 retail space(s). Industrial space for rent opportunities in St. Albert amount to 1,420 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	6	20,892
Retail	12	55,575
Industrial	1	1,420
Other	2	10,890,001,565

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 107,261 square feet of commercial property for sale here , which includes 5 office building(s) for sale , 3 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	5	102,466
Retail	3	4,795

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

20 Sir Winston Churchill Ave

Village Landing

23 Bellerose Building

39 St Thomas St

64 Riel Drive

5 Giroux Road

39 St Thomas St

20 Circle Drive

28 Muir Drive

Erin Ridge North

64 Riel Drive

Erin Ridge, #230

Erin Ridge

Riverside Landing

Sierras of Inglewood

30 Chevigny Street

Erin Ridge North

Carleton Drive

1135 Saint Albert Trail

Liberton Terrace

Sturgeon Plaza

EPC Erin Ridge Plaza

161 Liberton Dr

Sturgeon Medical Centre

18 Inglewood

Frequently Asked Questions

St. Albert, AB Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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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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