Commercial Real Estate Market in Northbridge, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 233 off-market properties in Northbridge, MA. Commercial property asks $443/SF to buy and $17.85/SF/Yr to lease.
Market Trends
Northbridge, MA spans 9.5 square miles in Worcester County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Northbridge, 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 Northbridge, 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 Northbridge, 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 Northbridge, MA asks $216/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 88.3%
- Industrial 9.6%
- Commercial 0.7%
Largest Zones share of zoned land by district
Residential One
Residential Two
Residential Three
Industrial One
Residential Six
Northbridge, MA zones 10,916 acres across 12 districts. Commercial zoning covers 0.7% of zoned land, residential 88.3% and industrial 9.6%. The largest single district is Residential One at 49.5%. For commercial buyers the practical constraint is that only 10.3% of land carries a commercial or industrial designation.
Residential One (R-1)
The area of said lot is to be at least twice the minimum lot size allowed in R-1 and R-2, three times the minimum in R-3, four times the minimum in R-4 and five times the minimum in R-5. D. The minimum lot width at the building line equals or exceeds the required street frontage distance. E. Said lot shall otherwise be in compliance with all requirements of…
Market overview
Demographics & Economy
Northbridge, MA has 6,233 residents in 2,515 households. Density runs 655 people per square mile. Median household income here is $134,539 and median gross rent $1,170 a month.
6,233
Population
2,515
Households
2.5
Avg Household Size
45
Median Age
41%
College-Educated
89%
High-School Grad
9.5 sq mi
ZIP Area
655
Density / Sq Mi
$134,539
Median Household Income
$69,844
Median Earnings
$1,170
Median Rent
$451,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Upton | — | — |
| Uxbridge | — | $15.67 |
| Grafton | — | — |
| Mendon | — | — |
Commercial property in Northbridge, MA asks $443/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Northbridge?
Commercial property in Northbridge, MA asks an average of $443 per square foot. The 5 most recent recorded sales traded at a median of $124/SF, so asking sits 258% above the achieved median. Multifamily carries the highest asking price at $216/SF.
How much does it cost to lease commercial space in Northbridge?
Asking lease rates in Northbridge, MA average $17.85 per square foot per year.
What zoning applies to commercial property in Northbridge?
Northbridge, MA zones 10,916 acres across 12 districts, of which 0.7% is commercial and 9.6% industrial. The largest single district is Residential One at 49.5% of zoned land. The area of said lot is to be at least twice the minimum lot size allowed in R-1 and R-2, three times the minimum in R-3, four times the minimum in R-4 and five times the minimum in R-5. D. The minimum lot width at the building line equals or exceeds the required street frontage distance. E. Said lot shall otherwise be in compliance with all requirements of… Residential zoning covers 88.3% and open space 0%.
Where does Realmo's Northbridge market data come from?
Realmo compiles Northbridge, MA figures from 5 recent recorded sales, 10 active sale listings, 18 active lease listings, 233 tracked off-market properties, the current Northbridge zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 18 active for-lease listings in Northbridge, 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: 10,916 zoned acres across 12 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
