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Investment Highlights

  • Heavy foot traffic
  • Open Plan
  • Lots of Natural Light

Executive Summary

Build your dream space from the ground up. Units 5304 & 5306 at the Jewel of Griesbach offer 3,792 SF of brand new, open-concept commercial condo space — a blank canvas in one of North Edmonton's most exciting and fastest-growing communities. With no dividing wall between the two units, you have one seamless, open footprint to design and build exactly the way you envision it. Whether you're a medical or dental practice, a wellness studio, a professional office, or a specialty retailer — this space gives you the size, flexibility, and quality surroundings to make a real statement. The Jewel of Griesbach is a boutique, purpose-built complex with high-end finishes and carefully curated neighbours — including Mokha Coffee House, Movenetics Physiotherapy, Aura Eye Clinic, and Co-operators Insurance. Your clients will love coming to you. The complex sits at the 97 Street and 137 Avenue retail node, one of North Edmonton's busiest intersections, with 76,000+ vehicles passing daily and a surrounding community of 75,000–80,000 residents earning an average household income of $103,000–$110,000/yr. Griesbach itself is one of Edmonton's most desirable neighbourhoods — a master-planned, LEED-ND Gold Certified community with parks, trails, and a growing, engaged residential base. When you own here, you're not just buying a condo — you're planting your flag in a community that's only going to get busier.

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1 Unit Available

Unit 5304

Unit Size 3,792 SF
Price $1,532,640 USD
Price Per SF $404.18 USD
Condo Use Retail
Sale Type Owner User
Description

3,792 SF of contiguous, open-concept commercial condo space within the Jewel of Griesbach — a modern, purpose-built development in North Edmonton's award-winning Griesbach community. Built in 2024 with high-quality finishes, the two-unit shell space (no dividing wall) is ready for custom build-out. General Commercial zoning supports medical, dental, professional office, and specialty retail uses. Anchored by Mokha Coffee House with strong daily foot traffic at the 97 Street and 137 Avenue retail node.

Sale Notes

Priced at $2,090,000 ($551 PSF). Property taxes $51,468/yr ($13.57 PSF). Condo fees $1,916.85/month ($6.06 PSF). Located within a 3KM trade area of 75,000–80,000 residents and average household income of $103,000–$110,000, with 76,000+ vehicles per day. Suited for owner-users or investors seeking a premium North Edmonton asset in a rapidly growing, LEED-ND Gold Certified community projected to reach 13,700 residents at full build-out.

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Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 17,600 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Office
  • General Retail Restaurant
  • General Retail Storefront
  • General Retail Department Store
Building Class A
Floors 1
Typical Floor Size 17,600 SF
Year Built 2024
Lot Size 1.51 AC
Zoning CG - To allow for a variety of commercial businesses that range from low impact commercial and office activities.

Amenities

  • Restaurant
  • Tenant Controlled HVAC
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100

Nearby Major Retailers

Tacotime
Crossfit
Second Cup Cafe
Planet Fitness
Joey's Restaurants
Starbucks
Tim Hortons
Safeway
Loblaw
Real Canadian Superstore
  • Listing ID: 40063434

  • Date on Market: 4/8/2026

  • Last Updated:

  • Address: 5300 Admiral Girouard St NW, Edmonton, AB

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