Commercial Real Estate Market in Granby, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
20 active listings and 184 off-market properties in Granby, CT. Commercial property asks $792/SF to buy and $22.79/SF/Yr to lease.
Market Trends
Granby, CT spans 15.8 square miles in Hartford County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Granby, CT asks $153/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 Granby, CT asks $137/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 Granby, 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 Granby, CT asks $159/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
- Agricultural 60.1%
- Residential 34.9%
- Industrial 2.1%
- Commercial 0.7%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Rural Zone
Rural Residence Zone
Residence Zone
Rural Residence Zone
Industrial Zone
Rural Residence Zone (R50)
R2A, R50 or R30 zone, the Commission may modify or waive the requirements of Sections 4.1.3, 4.1.5, 4.2.1, 4.2.3 and 4.2.5. 4.2.12 Preliminary Plans Any applicant may prepare a set of preliminary plans for an initial meeting with the Commission. The purpose of the meeting shall be to provide an informal opportunity for the applicant to avail himself/herself…
Market overview
Demographics & Economy
Granby, CT has 7,305 residents in 3,201 households. Density runs 462 people per square mile. Median household income here is $109,922 and median gross rent $1,375 a month.
7,305
Population
3,201
Households
2.3
Avg Household Size
47
Median Age
54%
College-Educated
98%
High-School Grad
15.8 sq mi
ZIP Area
462
Density / Sq Mi
$109,922
Median Household Income
$58,570
Median Earnings
$1,375
Median Rent
$339,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| North Granby | — | — |
| North Canton | — | — |
| East Hartland | — | — |
| Simsbury | — | $15.76 |
Commercial property in Granby, CT asks $792/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Granby?
Commercial property in Granby, CT asks an average of $792 per square foot. Multifamily carries the highest asking price at $159/SF.
How much does it cost to lease commercial space in Granby?
Asking lease rates in Granby, CT average $22.79 per square foot per year.
Where does Realmo's Granby market data come from?
Realmo compiles Granby, CT figures from 4 recent recorded sales, 11 active sale listings, 9 active lease listings, 184 tracked off-market properties, the current Granby zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 9 active for-lease listings in Granby, 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: 26,537 zoned acres across 12 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
