Commercial Real Estate Market in Wapping, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
64 active listings and 697 off-market properties in Wapping, CT. Commercial property asks $46/SF to buy and $15.73/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Wapping, 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 Wapping, 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 Wapping, 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 Wapping, 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
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| E Windsor Hl | — | — |
| Vernon | — | $40.26 |
| Manchester | — | $22.70 |
| East Windsor | — | $15.22 |
Commercial property in Wapping, CT asks $46/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wapping?
Commercial property in Wapping, CT asks an average of $46 per square foot. The 3 most recent recorded sales traded at a median of $42/SF, so asking sits 8% above the achieved median. Multifamily carries the highest asking price at $159/SF.
How much does it cost to lease commercial space in Wapping?
Asking lease rates in Wapping, CT average $15.73 per square foot per year.
Where does Realmo's Wapping market data come from?
Realmo compiles Wapping, CT figures from 5 recent recorded sales, 25 active sale listings, 39 active lease listings, 697 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 39 active for-lease listings in Wapping, 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.
- 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
