Commercial Real Estate Market in Cheshire, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
60 active listings and 523 off-market properties in Cheshire, CT. Commercial property asks $60/SF to buy and $17.43/SF/Yr to lease.
Market Trends
Cheshire, CT spans 32.2 square miles in New Haven County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Cheshire, CT asks $126/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Cheshire, CT asks $155/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Cheshire, CT runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Cheshire, CT asks $189/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 86.4%
- Industrial 12.6%
- Commercial 0.9%
Largest Zones share of zoned land by district
Residential
Residential
Residential
Industrial
Industrial
Cheshire, CT zones 21,234 acres across 14 districts. Commercial zoning covers 0.9% of zoned land, residential 86.4% and industrial 12.6%. The largest single district is Residential at 34.3%. For commercial buyers the practical constraint is that only 13.5% of land carries a commercial or industrial designation.
Industrial (I-2)
General Industrial I-2 5.3 PERMITTED AND SPECIALLY PERMITTED USES KEY: Y- PERMITTED AS OF RIGHT; Z- PERMITTED VIA APPROVAL OF ADMINSTRATIVE ZONING PERMIT S- PERMITTED VIA APPROVAL OF SITE PLAN; P- PERMITTED VIA APPROVAL OF SPECIAL PERMIT A. Industrial - Permitted Uses I-1 I-2 1. Business or Professional Office when conducted on the premises entirely by mail/…
Market overview
Demographics & Economy
Cheshire, CT has 28,559 residents in 10,463 households. Density runs 886 people per square mile. Median household income here is $150,524 and median gross rent $1,288 a month.
28,559
Population
10,463
Households
2.7
Avg Household Size
45
Median Age
62%
College-Educated
93%
High-School Grad
32.2 sq mi
ZIP Area
886
Density / Sq Mi
$150,524
Median Household Income
$78,636
Median Earnings
$1,288
Median Rent
$419,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Marion | — | — |
| Milldale | — | — |
| Plantsville | — | — |
| Southington | — | $17.45 |
Commercial property in Cheshire, CT asks $60/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cheshire?
Commercial property in Cheshire, CT asks an average of $60 per square foot. The 4 most recent recorded sales traded at a median of $417/SF. Multifamily carries the highest asking price at $189/SF.
How much does it cost to lease commercial space in Cheshire?
Asking lease rates in Cheshire, CT average $17.43 per square foot per year.
What zoning applies to commercial property in Cheshire?
Cheshire, CT zones 21,234 acres across 14 districts, of which 0.9% is commercial and 12.6% industrial. The largest single district is Residential at 34.3% of zoned land. Residential zoning covers 86.4% and open space 0%.
Where does Realmo's Cheshire market data come from?
Realmo compiles Cheshire, CT figures from 4 recent recorded sales, 21 active sale listings, 39 active lease listings, 523 tracked off-market properties, the current Cheshire zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 39 active for-lease listings in Cheshire, CT. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 21,234 zoned acres across 14 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
