Commercial Real Estate Market in Newburyport, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
45 active listings and 642 off-market properties in Newburyport, MA. Commercial property asks $461/SF to buy and $25.75/SF/Yr to lease.
Market Trends
Newburyport, MA spans 22.7 square miles in Essex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newburyport, 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 Newburyport, 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 Newburyport, 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 Newburyport, MA asks $324/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
- Agricultural 43.8%
- Residential 39.8%
- Industrial 11.1%
- Commercial 3.1%
- Mixed use 0.4%
Largest Zones share of zoned land by district
Agricultural And Conservation
Residential Two
Residential One
Industrial One
Industrial I1 B
Agricultural And Conservation (A/C)
The agricultural/conservation district is composed of all those areas so designated on the official zoning map. This district is intended to serve a dual purpose. It is the city's intent to adhere to Commonwealth of Massachusetts policy of preserving agricultural land
Market overview
Demographics & Economy
Newburyport, MA has 21,871 residents in 10,029 households. Density runs 965 people per square mile. Median household income here is $149,421 and median gross rent $1,559 a month.
21,871
Population
10,029
Households
2.2
Avg Household Size
51
Median Age
65%
College-Educated
98%
High-School Grad
22.7 sq mi
ZIP Area
965
Density / Sq Mi
$149,421
Median Household Income
$85,619
Median Earnings
$1,559
Median Rent
$795,020
Median Home Value
Tools
Lease vs Buy Breakeven
At $25.75/SF/Yr lease vs $461/SF buy → buying wins if held > 6.7 years.
At a 5.6% 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 |
|---|---|---|
| Salisbury | — | $16.68 |
| Newbury | — | — |
| Amesbury | — | $41.52 |
| Seabrook | — | $19.53 |
Commercial property in Newburyport, MA asks $461/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newburyport?
Commercial property in Newburyport, MA asks an average of $461 per square foot. The 8 most recent recorded sales traded at a median of $191/SF, so asking sits 141% above the achieved median. Multifamily carries the highest asking price at $324/SF.
How much does it cost to lease commercial space in Newburyport?
Asking lease rates in Newburyport, MA average $25.75 per square foot per year.
Is it cheaper to lease or buy commercial space in Newburyport?
Buying beats leasing in Newburyport, MA if the property is held longer than 6.7 years, comparing $25.75/SF/Yr asking rent with $461/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.
Where does Realmo's Newburyport market data come from?
Realmo compiles Newburyport, MA figures from 8 recent recorded sales, 18 active sale listings, 27 active lease listings, 642 tracked off-market properties, the current Newburyport zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 27 active for-lease listings in Newburyport, 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: 5,250 zoned acres across 15 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
