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Estevan — Energy Capital of Saskatchewan

Estevan Commercial Real Estate

Commercial real estate for lease and sale across Estevan's key industrial, retail and office nodes. Estevan is Saskatchewan's energy capital, sitting atop the Bakken oil formation and lignite coal deposits near the North

$10–16Industrial Net Rent /sf
7.5–9.5%Industrial Cap Rate
HighestPer-Capita Income in SK
US BorderNorth Dakota — 15 km South
Estevan Submarkets
North Industrial / Oil Services
Commercial Node
Oilfield fabrication, pipe yards, SAGD support
$10–16/sfNet Rent / Cap
EstevanKey Feature
Industrial/CommercialPrimary Use
Coal Mine Road Industrial
Commercial Node
Boundary Dam, lignite operations, power
$10–16/sfNet Rent / Cap
EstevanKey Feature
Industrial/CommercialPrimary Use
Downtown / 4th Street
Commercial Node
Energy company offices, retail, services
$10–16/sfNet Rent / Cap
EstevanKey Feature
Industrial/CommercialPrimary Use
Hwy 39 Commercial
Commercial Node
Auto row, big-box, truck services
$10–16/sfNet Rent / Cap
EstevanKey Feature
Industrial/CommercialPrimary Use
South Industrial Park
Commercial Node
Warehousing, oilfield storage, logistics
$10–16/sfNet Rent / Cap
EstevanKey Feature
Industrial/CommercialPrimary Use
Kensington Avenue
Commercial Node
Hotels, restaurants, worker accommodation
$10–16/sfNet Rent / Cap
EstevanKey Feature
Industrial/CommercialPrimary Use
Downtown Estevan Souris Valley Road / Oil Services Estevan Industrial Downtown Estevan Souris Valley / Oil Services Estevan Industrial East Industrial Estevan Hillside Estevan Pleasantdale Estevan South Estevan Commercial 4Th Street Commercial Estevan Central Estevan Commercial North Estevan Commercial South End Estevan West Estevan Commercial Woodlawn Estevan Airport Road Estevan Broadway Avenue Estevan Civic Centre Estevan East Estevan Energy Corridor Estevan Fourth Street Estevan Highway 18 Corridor Highway 39 Corridor Industrial Park Estevan Kensington Estevan Mill Road Corridor North End Estevan Oil Patch Commercial Queen Street Commercial Sherwood Estevan South Estevan West Estevan
$10–16
Industrial Net Rent /sf
7.5–9.5%
Industrial Cap Rate
Highest
Per-Capita Income in SK
US Border
North Dakota — 15 km South

Estevan Commercial Real Estate — Market Overview 2025

Estevan is Saskatchewan's energy capital, sitting atop the Bakken oil formation and lignite coal deposits near the North Dakota border. The city hosts the highest per-capita income in Saskatchewan with significant oil-field services, power generation, and Boundary Dam mining activity.

SubmarketAsset ClassVacancyNet RentCap Rate
North Industrial / Oil ServicesCommercial5–12%$10–16/sf7.5–9.5%
Coal Mine Road IndustrialCommercial5–12%$10–16/sf7.5–9.5%
Downtown / 4th StreetCommercial5–12%$10–16/sf7.5–9.5%
Hwy 39 CommercialCommercial5–12%$10–16/sf7.5–9.5%
South Industrial ParkCommercial5–12%$10–16/sf7.5–9.5%
Kensington AvenueCommercial5–12%$10–16/sf7.5–9.5%
Further Reading → Saskatchewan Commercial Real Estate Cap Rates 2025 → Western Canada Is Canada's Growth Story

Frequently Asked Questions — Estevan

What are cap rates in Estevan commercial real estate?
Estevan 2025 commercial cap rates range 7.5–9.5% for industrial product. Contact Canada's Home Commercial for current market data and available listings.
What drives commercial demand in Estevan?
Estevan is Saskatchewan's energy capital, sitting atop the Bakken oil formation and lignite coal deposits near the North Dakota border. The city hosts the highest per-capita income in Saskatchewan wit
How do I find commercial space in Estevan?
Contact Canada's Home Commercial via our contact form, or call +1-306-491-6539.

Ready to Find Commercial Space in Estevan?

Industrial, office, retail or investment — our team covers every Estevan submarket.

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