Jasper — Jasper National Park — Rocky Mountain Tourism Capital
Jasper Commercial Real Estate
Commercial real estate for lease and sale in Jasper, Alberta. Jasper is Canada's largest Rocky Mountain national park town, drawing 2.5 million visitors annually. The entire townsite
$34–52Prime Retail Net Rent /sf
5.0–6.5%Commercial Cap Rate
0%Provincial Income Tax
2.5MAnnual Visitors
Property Types
Explore by Property Type
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Jasper Submarkets
Connaught Drive / Townsite Core
Commercial Node
Primary retail. National park tourism spine.
$34–52/sfNet Rent / Cap
JasperKey Feature
CommercialPrimary Use
Patricia Street
Commercial Node
Boutique retail. Restaurants, galleries.
$34–52/sfNet Rent / Cap
JasperKey Feature
CommercialPrimary Use
Hazel Avenue / Accommodations
Commercial Node
Hotel and lodging corridor.
$34–52/sfNet Rent / Cap
JasperKey Feature
CommercialPrimary Use
Industrial Area / Rail
Commercial Node
CN Rail operations, parks services.
$34–52/sfNet Rent / Cap
JasperKey Feature
CommercialPrimary Use
$34–52
Prime Retail Net Rent /sf
5.0–6.5%
Commercial Cap Rate
0%
Provincial Income Tax
2.5M
Annual Visitors
Jasper Commercial Real Estate — Market Overview 2025
Jasper is Canada's largest Rocky Mountain national park town, drawing 2.5 million visitors annually. The entire townsite is federally leased within the national park, creating extreme commercial space scarcity and some of the highest retail rents in rural Alberta. CN Rail, Marmot Basin ski resort and abundant backcountry anchor year-round demand.
| Submarket | Asset Class | Vacancy | Net Rent | Cap Rate |
|---|---|---|---|---|
| Connaught Drive / Townsite Core | Commercial | 8–14% | $34–52/sf | 5.0–6.5% |
| Patricia Street | Commercial | 8–14% | $34–52/sf | 5.0–6.5% |
| Hazel Avenue / Accommodations | Commercial | 8–14% | $34–52/sf | 5.0–6.5% |
| Industrial Area / Rail | Commercial | 8–14% | $34–52/sf | 5.0–6.5% |
Other Alberta Markets
Further Reading
→ Alberta Commercial Real Estate Cap Rates 2025
→ Alberta Has No Provincial Income Tax — What It Means for Investors
→ Why Investors Are Moving to Alberta
Jasper Commercial Real Estate FAQ
Frequently Asked Questions — Jasper
What are cap rates in Jasper?
Jasper 2025 cap rates range 5.0–6.5%. No provincial income tax. Contact Canada's Home Commercial for listings.
What drives Jasper's economy?
Jasper is Canada's largest Rocky Mountain national park town, drawing 2.5 million visitors annually. The entire townsite is federally leased within the national park, creating extreme commercial space
How do I find commercial space in Jasper?
Contact Canada's Home Commercial via our contact form, or call 780-545-5955.
Ready to Find Commercial Space in Jasper?
Industrial, office, retail or investment — our team covers every Jasper submarket.
Jasper Neighbourhoods & Districts
Athabasca River Jasper
Cedar Avenue Jasper
Colin Avenue Commercial
Connaught Drive Commercial
Downtown Jasper
Geikie Street Commercial
Hazel Avenue Corridor
Icefield Parkway North
Industrial Jasper
Jasper Airport Area
Jasper East Commercial
Jasper Main Street
Jasper National Park Gateway
Jasper Train Station Area
Maligne Lake Corridor
Miette Avenue Commercial
Old Fort Point
Patricia Street Corridor
Pyramid Lake Gateway
Whistlers Road Commercial
Cedar East
Connaught East
Geikie East
Hazel East
Jasper East Extension
Jasper Industrial East
Jasper North Extension
Jasper South Commercial
Jasper South Extension
Miette East
Pyramid East
Whistlers East