Commercial Real Estate Market in Marlborough, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
104 active listings and 801 off-market properties in Marlborough, MA. Commercial property asks $161/SF to buy and $32.27/SF/Yr to lease.
Market Trends
Marlborough, MA spans 20.9 square miles in Middlesex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Marlborough, 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 Marlborough, 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 Marlborough, 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 Marlborough, 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
- Residential 68.1%
- Industrial 23.3%
- Commercial 4.6%
- Mixed use 2.1%
Largest Zones share of zoned land by district
Rural Residence
Limited Industrial
Residence
Residence
Residence
Marlborough, MA zones 13,522 acres across 18 districts. Commercial zoning covers 4.6% of zoned land, residential 68.1% and industrial 23.3%. The largest single district is Rural Residence at 26.4%. For commercial buyers the practical constraint is that only 28% of land carries a commercial or industrial designation.
Limited Industrial (LI)
Service buildings, industrial. Service buildings, built and maintained by one or more of the permitted uses in the LI or I Districts shall be permitted containing either or all of the following uses: restaurant, drugstore, bank or other similar services primarily for the use of employees of the permitted uses. (40) Large tract development. The following uses…
Market overview
Demographics & Economy
Marlborough, MA has 41,793 residents in 17,370 households. Density runs 2,004 people per square mile. Median household income here is $95,047 and median gross rent $1,721 a month.
41,793
Population
17,370
Households
2.4
Avg Household Size
40
Median Age
41%
College-Educated
89%
High-School Grad
20.9 sq mi
ZIP Area
2,004
Density / Sq Mi
$95,047
Median Household Income
$49,012
Median Earnings
$1,721
Median Rent
$485,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hudson | — | — |
| Southborough | — | — |
| Northborough | — | — |
| Berlin | — | — |
Commercial property in Marlborough, MA asks $161/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Marlborough?
Commercial property in Marlborough, MA asks an average of $161 per square foot. The 7 most recent recorded sales traded at a median of $498/SF. Multifamily carries the highest asking price at $318/SF.
How much does it cost to lease commercial space in Marlborough?
Asking lease rates in Marlborough, MA average $32.27 per square foot per year.
What zoning applies to commercial property in Marlborough?
Marlborough, MA zones 13,522 acres across 18 districts, of which 4.6% is commercial and 23.3% industrial. The largest single district is Rural Residence at 26.4% of zoned land. Residential zoning covers 68.1% and open space 0%.
Where does Realmo's Marlborough market data come from?
Realmo compiles Marlborough, MA figures from 7 recent recorded sales, 45 active sale listings, 59 active lease listings, 801 tracked off-market properties, the current Marlborough zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 45 active for-sale and 59 active for-lease listings in Marlborough, 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: 13,522 zoned acres across 18 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
