Prince Albert — Gateway to Northern Saskatchewan
Prince Albert Commercial Real Estate
Commercial real estate for lease and sale across Prince Albert's key industrial, retail and office nodes. Prince Albert serves as the commercial gateway to northern Saskatchewan, at the junction of Highways 2 and 3. The city a
$8–12Industrial Net Rent /sf
8.5–10.5%Industrial Cap Rate
Northern HubSupply Base for SK North
142 kmSouth to Saskatoon
Property Types
Explore by Property Type
Browse by Area
Prince Albert Submarkets
East Industrial / Pulp Mill
Commercial Node
Weyerhaeuser, forestry processing, rail spur
$8–12/sfNet Rent / Cap
Prince AlbertKey Feature
Industrial/CommercialPrimary Use
South Industrial Park
Commercial Node
Warehousing, mining supply, equipment dealers
$8–12/sfNet Rent / Cap
Prince AlbertKey Feature
Industrial/CommercialPrimary Use
Central Avenue Downtown
Commercial Node
Government offices, retail, financial services
$8–12/sfNet Rent / Cap
Prince AlbertKey Feature
Industrial/CommercialPrimary Use
15th Street Commercial
Commercial Node
Big-box, auto row, service commercial
$8–12/sfNet Rent / Cap
Prince AlbertKey Feature
Industrial/CommercialPrimary Use
Diefenbaker Drive Corridor
Commercial Node
Northern supply depots, heavy equipment
$8–12/sfNet Rent / Cap
Prince AlbertKey Feature
Industrial/CommercialPrimary Use
South Gateway / Hwy 2
Commercial Node
Hotel corridor, drive-through, truck services
$8–12/sfNet Rent / Cap
Prince AlbertKey Feature
Industrial/CommercialPrimary Use
Communities & Districts
Downtown Prince Albert
Central Ave Corridor
Prince Albert Industrial
North Prince Albert
East Flat / River East
Malting / Airport Corridor
Downtown Prince Albert
Midtown Pa
North Central Pa
Spruce Home Pa
East Flat Commercial
Garden River Pa
Nordale Pa
North Industrial Pa
River Heights Pa
South Pa Commercial
West Flat Pa
West Hill Pa
Downtown Prince Albert Commercial
John M Cuelenaere Commercial
Midtown Pa Commercial
South Prince Albert Commercial
Central Ave East
Downtown East Pa
Downtown North Pa
East Flat East
Garden River East
Industrial East Pa
John M East
Malting East
Midtown East Pa
Midtown North Pa
Nordale East
North Central East Pa
North Industrial East Pa
North Pa Commercial
River Heights East
South Pa East
South Prince Albert East
Spruce Home East
West Flat East
West Hill East
$8–12
Industrial Net Rent /sf
8.5–10.5%
Industrial Cap Rate
Northern Hub
Supply Base for SK North
142 km
South to Saskatoon
Prince Albert Commercial Real Estate — Market Overview 2025
Prince Albert serves as the commercial gateway to northern Saskatchewan, at the junction of Highways 2 and 3. The city anchors forestry, mining supply, and government services for the vast northern hinterland. Weyerhaeuser and pulp operations anchor industrial demand.
| Submarket | Asset Class | Vacancy | Net Rent | Cap Rate |
|---|---|---|---|---|
| East Industrial / Pulp Mill | Commercial | 5–12% | $8–12/sf | 8.5–10.5% |
| South Industrial Park | Commercial | 5–12% | $8–12/sf | 8.5–10.5% |
| Central Avenue Downtown | Commercial | 5–12% | $8–12/sf | 8.5–10.5% |
| 15th Street Commercial | Commercial | 5–12% | $8–12/sf | 8.5–10.5% |
| Diefenbaker Drive Corridor | Commercial | 5–12% | $8–12/sf | 8.5–10.5% |
| South Gateway / Hwy 2 | Commercial | 5–12% | $8–12/sf | 8.5–10.5% |
Further Reading
→ Saskatchewan Commercial Real Estate Cap Rates 2025
→ Western Canada Is Canada's Growth Story
Prince Albert Commercial Real Estate FAQ
Frequently Asked Questions — Prince Albert
What are cap rates in Prince Albert commercial real estate?
Prince Albert 2025 commercial cap rates range 8.5–10.5% for industrial product. Contact Canada's Home Commercial for current market data and available listings.
What drives commercial demand in Prince Albert?
Prince Albert serves as the commercial gateway to northern Saskatchewan, at the junction of Highways 2 and 3. The city anchors forestry, mining supply, and government services for the vast northern hi
How do I find commercial space in Prince Albert?
Contact Canada's Home Commercial via our contact form, or call +1-306-491-6539.
Ready to Find Commercial Space in Prince Albert?
Industrial, office, retail or investment — our team covers every Prince Albert submarket.