Commercial Real Estate Market in Lee, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
12 active listings and 252 off-market properties in Lee, MA.
Market Trends
Lee, MA spans 42.1 square miles in Berkshire County, Massachusetts. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Lee, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Berkshire County, retail space asks $183/SF to buy. Retail vacancy in Lee, MA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Lee, 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%.
Multifamily
Across Berkshire County, multifamily space asks $111/SF to buy. Multifamily vacancy in Lee, MA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 89.9%
- Industrial 5.5%
- Commercial 4%
- Civic 0.6%
Largest Zones share of zoned land by district
Lee, MA zones 17,370 acres across 11 districts. Commercial zoning covers 4% of zoned land, residential 89.9% and industrial 5.5%. The largest single district is Conservation Residential at 54.4%. For commercial buyers the practical constraint is that only 9.5% of land carries a commercial or industrial designation.
The intent of this to promote Conservation-Residential Uses.
Market overview
Demographics & Economy
Lee, MA has 5,941 residents in 3,219 households. Density runs 141 people per square mile. Median household income here is $74,869 and median gross rent $1,248 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Lee?
What zoning applies to commercial property in Lee?
Where does Realmo's Lee market data come from?
Methodology & data sources
- Asking prices and medians
- There are 10 active for-sale and 2 active for-lease listings in Lee, MA. The sale median is based on 6 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 17,370 zoned acres across 11 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
