Commercial Real Estate Market in Everett, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
89 active listings and 655 off-market properties in Everett, MA. Commercial property asks $289/SF to buy and $36.82/SF/Yr to lease.
Market Trends
Everett, MA spans 3.4 square miles in Middlesex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Everett, 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 Everett, 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 Everett, 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 space in Everett, MA asks $318/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
- Commercial 58.6%
- Industrial 22.6%
- Mixed use 3%
- Residential 2.6%
Largest Zones share of zoned land by district
Dwelling District
Industrial District
Riverfront District
Business District
Industrial Limited
Everett, MA zones 1,799 acres across 13 districts. Commercial zoning covers 58.6% of zoned land, residential 2.6% and industrial 22.6%. The largest single district is Dwelling District at 49.3%. For commercial buyers the practical constraint is that only 81.2% of land carries a commercial or industrial designation.
Dwelling District (DD)
Dwelling District is intended to promote business related uses.
Market overview
Demographics & Economy
Everett, MA has 49,075 residents in 18,541 households. Density runs 14,353 people per square mile. Median household income here is $79,658 and median gross rent $1,988 a month.
49,075
Population
18,541
Households
2.6
Avg Household Size
35
Median Age
23%
College-Educated
80%
High-School Grad
3.4 sq mi
ZIP Area
14,353
Density / Sq Mi
$79,658
Median Household Income
$40,836
Median Earnings
$1,988
Median Rent
$605,200
Median Home Value
Tools
Lease vs Buy Breakeven
At $36.82/SF/Yr lease vs $289/SF buy → buying wins if held > 0.9 years.
At a 12.8% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Malden | — | $35.26 |
| Chelsea | — | — |
| Somerville | — | $37.03 |
| Revere | — | $59.07 |
Commercial property in Everett, MA asks $289/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Everett?
Commercial property in Everett, MA asks an average of $289 per square foot. The 8 most recent recorded sales traded at a median of $335/SF. Multifamily carries the highest asking price at $318/SF.
How much does it cost to lease commercial space in Everett?
Asking lease rates in Everett, MA average $36.82 per square foot per year.
Is it cheaper to lease or buy commercial space in Everett?
Buying beats leasing in Everett, MA if the property is held longer than 0.9 years, comparing $36.82/SF/Yr asking rent with $289/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Everett?
Everett, MA zones 1,799 acres across 13 districts, of which 58.6% is commercial and 22.6% industrial. The largest single district is Dwelling District at 49.3% of zoned land. Dwelling District is intended to promote business related uses. Residential zoning covers 2.6% and open space 0%.
Where does Realmo's Everett market data come from?
Realmo compiles Everett, MA figures from 8 recent recorded sales, 40 active sale listings, 49 active lease listings, 655 tracked off-market properties, the current Everett zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 40 active for-sale and 49 active for-lease listings in Everett, 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: 1,799 zoned acres across 13 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
