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Investment Highlights

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

Executive Summary

The Jewel of Griesbach is a premier mixed-use commercial condo development situated at 111 Street and 137 Avenue in the award-winning Griesbach community of north Edmonton. Spanning 4.5 acres across up to five buildings and approximately 85,000 square feet, the CG-zoned project is designed to accommodate a diverse range of medical, retail, and professional tenants. The development benefits from exceptional visibility and accessibility along a high-traffic corridor carrying approximately 29,000 vehicles per day, with signalized access, a 3.4 parking ratio, and direct transit service adjacent to the site. Surrounded by 50-year-old mature trees and anchored by a signature waterfall and garden gathering space, the Jewel of Griesbach offers a distinctive, elegantly landscaped environment that sets it apart from conventional strip retail. With the Griesbach community projected to reach approximately 13,700 residents upon full buildout — supported by four lakes, a 24-acre central park, and a K-9 school — this development represents a rare opportunity to secure a position in one of Edmonton's most thoughtfully planned and sought-after urban villages.

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Property Facts

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

1 Unit Available

Unit 5304

Unit Size 3,792 SF
Price $2,090 CAD
Price Per SF $0.55 CAD
Condo Use Retail
Sale Type Owner User
Description

Located within the Jewel of Griesbach — a modern, purpose-built commercial condominium complex in North Edmonton’s awardwinning Griesbach community — 5304 & 5306 Admiral Girouard Street NW offers 3,792 SF of contiguous commercial space built in
2024. The development features high-quality finishes, elegant landscaping, and a boutique atmosphere designed for medical, retail,
and professional service tenants. Anchored by Mokha Coffee House, the complex benefits from consistent daily foot traffic and strong community draw. Positioned near the 97 Street and 137 Avenue retail node — one of North Edmonton’s busiest intersections
— the property enjoys excellent accessibility and surrounding neighbourhood density.

General Commercial zoning supports a wide range of uses including medical, dental, professional offices, and specialty retail. With no dividing wall between the two units, the space functions as a single open footprint, offering flexibility for owner-users or investors.

Sale Notes

Located within the Jewel of Griesbach — a modern, purpose-built commercial condominium complex in North Edmonton’s awardwinning Griesbach community — 5304 & 5306 Admiral Girouard Street NW offers 3,792 SF of contiguous commercial space built in
2024. The development features high-quality finishes, elegant landscaping, and a boutique atmosphere designed for medical, retail,
and professional service tenants. Anchored by Mokha Coffee House, the complex benefits from consistent daily foot traffic and strong community draw. Positioned near the 97 Street and 137 Avenue retail node — one of North Edmonton’s busiest intersections
— the property enjoys excellent accessibility and surrounding neighbourhood density.

General Commercial zoning supports a wide range of uses including medical, dental, professional offices, and specialty retail. With no dividing wall between the two units, the space functions as a single open footprint, offering flexibility for owner-users or investors.

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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100

Nearby Major Retailers

Tacotime
Crossfit
Planet Fitness
Second Cup Cafe
Tim Hortons
BMO
Joey's Restaurants
Starbucks
Royal Bank of Canada
Safeway
  • Listing ID: 40063434

  • Date on Market: 2026-04-07

  • Last Updated:

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

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