Commercial Real Estate Market in Plymouth, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
116 active listings and 1,265 off-market properties in Plymouth, MA. Commercial property asks $661/SF to buy and $25.91/SF/Yr to lease.
Market Trends
Plymouth, MA spans 96.4 square miles in Plymouth County, Massachusetts. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Plymouth, 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 Plymouth, 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 Plymouth, 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 vacancy in Plymouth, MA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 69%
- Special 16%
- Commercial 10%
- Industrial 3.3%
Largest Zones share of zoned land by district
Medium Lot Residential
Large Lot Residential
Airport
Small Lot Residential
Highway Commercial
Plymouth, MA zones 12,411 acres across 18 districts. Commercial zoning covers 10% of zoned land, residential 69% and industrial 3.3%. The largest single district is Medium Lot Residential at 37%. For commercial buyers the practical constraint is that only 13.4% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Plymouth, MA has 61,134 residents in 28,598 households. Density runs 634 people per square mile. Median household income here is $111,975 and median gross rent $1,831 a month.
61,134
Population
28,598
Households
2.1
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
96.4 sq mi
ZIP Area
634
Density / Sq Mi
$111,975
Median Household Income
$55,595
Median Earnings
$1,831
Median Rent
$494,700
Median Home Value
Tools
Lease vs Buy Breakeven
At $25.91/SF/Yr lease vs $661/SF buy → buying wins if held > 21.3 years.
At a 3.9% 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 |
|---|---|---|
| Duxbury | — | $27.04 |
| Kingston | — | — |
| Carver | — | $15.00 |
| Bourne | — | $23.58 |
Commercial property in Plymouth, MA asks $661/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Plymouth?
Commercial property in Plymouth, MA asks an average of $661 per square foot. The 7 most recent recorded sales traded at a median of $251/SF, so asking sits 163% above the achieved median.
How much does it cost to lease commercial space in Plymouth?
Asking lease rates in Plymouth, MA average $25.91 per square foot per year.
Is it cheaper to lease or buy commercial space in Plymouth?
Buying beats leasing in Plymouth, MA if the property is held longer than 21.3 years, comparing $25.91/SF/Yr asking rent with $661/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 Plymouth?
Plymouth, MA zones 12,411 acres across 18 districts, of which 10% is commercial and 3.3% industrial. The largest single district is Medium Lot Residential at 37% of zoned land. Residential zoning covers 69% and open space 0%.
Where does Realmo's Plymouth market data come from?
Realmo compiles Plymouth, MA figures from 8 recent recorded sales, 66 active sale listings, 50 active lease listings, 1,265 tracked off-market properties, the current Plymouth zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 66 active for-sale and 50 active for-lease listings in Plymouth, 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: 12,411 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 30 September 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 30 September 2026 · report a data issue
