Commercial Real Estate Market in Chicopee, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
91 active listings and 1,156 off-market properties in Chicopee, MA. Commercial property asks $67/SF to buy and $16.99/SF/Yr to lease.
Market Trends
Chicopee, MA spans 22.9 square miles in Hampden County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Chicopee, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Chicopee, MA 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 Chicopee, MA 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 Chicopee, MA 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 57.8%
- Planned_development 24.5%
- Industrial 9.8%
- Commercial 6.9%
- Mixed use 0.9%
Largest Zones share of zoned land by district
Residence A
Garden Industrial Planned Unit Development
Industrial
Residence B
Business A
Chicopee, MA zones 12,623 acres across 14 districts. Commercial zoning covers 6.9% of zoned land, residential 57.8% and industrial 9.8%. The largest single district is Residence A at 47.1%. For commercial buyers the practical constraint is that only 16.7% of land carries a commercial or industrial designation.
Garden Industrial Planned Unit Development (IND-IPUD1)
The purpose of allowing industrial planned unit development is to provide flexibility in the design and siting of multiple industrial and office buildings on a single site, thereby promoting aesthetic sensitivity, the preservation of land for open space, the efficient use of municipal services, and minimization of the overall impact of development on the imm…
Market overview
Demographics & Economy
Chicopee, MA has 55,595 residents in 25,532 households. Density runs 2,424 people per square mile. Median household income here is $67,452 and median gross rent $1,118 a month.
55,595
Population
25,532
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
87%
High-School Grad
22.9 sq mi
ZIP Area
2,424
Density / Sq Mi
$67,452
Median Household Income
$45,444
Median Earnings
$1,118
Median Rent
$251,460
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Springfield | — | $17.21 |
| West Springfield | — | $17.47 |
| Holyoke | — | $13.88 |
| Agawam | — | $73.76 |
Commercial property in Chicopee, MA asks $67/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chicopee?
Commercial property in Chicopee, MA asks an average of $67 per square foot. The 7 most recent recorded sales traded at a median of $167/SF.
How much does it cost to lease commercial space in Chicopee?
Asking lease rates in Chicopee, MA average $16.99 per square foot per year.
What zoning applies to commercial property in Chicopee?
Chicopee, MA zones 12,623 acres across 14 districts, of which 6.9% is commercial and 9.8% industrial. The largest single district is Residence A at 47.1% of zoned land. Residential zoning covers 57.8% and open space 0%.
Where does Realmo's Chicopee market data come from?
Realmo compiles Chicopee, MA figures from 7 recent recorded sales, 49 active sale listings, 42 active lease listings, 1,156 tracked off-market properties, the current Chicopee zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 49 active for-sale and 42 active for-lease listings in Chicopee, MA. 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: 12,623 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
