Commercial Real Estate Market in Columbia, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 66 off-market properties in Columbia, CT.
Market Trends
Columbia, CT spans 21.4 square miles in Tolland County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Columbia, CT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Columbia, CT runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Columbia, 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 vacancy in Columbia, CT runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 97.3%
- Industrial 2.6%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Residential Agricultural
Commercial Manufacturing 1
Commercial Manufacturing 2
Mixed Use
Columbia, CT zones 26,760 acres across 4 districts. The largest single district is Residential Agricultural at 97.3%. For commercial buyers the practical constraint is that only 2.6% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Columbia, CT has 5,272 residents in 2,218 households. Density runs 247 people per square mile. Median household income here is $122,500 and median gross rent $869 a month.
5,272
Population
2,218
Households
2.4
Avg Household Size
49
Median Age
33%
College-Educated
88%
High-School Grad
21.4 sq mi
ZIP Area
247
Density / Sq Mi
$122,500
Median Household Income
$61,593
Median Earnings
$869
Median Rent
$321,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Andover | — | — |
| Amston | — | — |
| Chestnut Hill | — | — |
| Exeter | — | — |
Commercial property in Columbia, CT asks $189/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Columbia?
Commercial property in Columbia, CT asks an average of $189 per square foot. The 4 most recent recorded sales traded at a median of $138/SF, so asking sits 37% above the achieved median.
What zoning applies to commercial property in Columbia?
Columbia, CT zones 26,760 acres across 4 districts, of which 0% is commercial and 2.6% industrial. The largest single district is Residential Agricultural at 97.3% of zoned land. Residential zoning covers 97.3% and open space 0%.
Where does Realmo's Columbia market data come from?
Realmo compiles Columbia, CT figures from 5 recent recorded sales, 5 active sale listings, 1 active lease listings, 66 tracked off-market properties, the current Columbia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 1 active for-lease listings in Columbia, 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: 26,760 zoned acres across 4 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
