Commercial Real Estate Market in Seekonk, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
40 active listings and 474 off-market properties in Seekonk, MA. Commercial property asks $272/SF to buy and $16.47/SF/Yr to lease.
Market Trends
Seekonk, MA spans 18.4 square miles in Bristol County, Massachusetts. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Seekonk, 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 Seekonk, 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 Seekonk, 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 Seekonk, MA asks $225/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 85%
- Industrial 9%
- Commercial 5.9%
- Planned_development 0%
Largest Zones share of zoned land by district
Residence
Residence
Residence
Residence
Industry
Seekonk, MA zones 11,906 acres across 9 districts. Commercial zoning covers 5.9% of zoned land, residential 85% and industrial 9%. The largest single district is Residence at 36.8%. For commercial buyers the practical constraint is that only 14.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Seekonk, MA has 15,512 residents in 6,324 households. Density runs 843 people per square mile. Median household income here is $116,310 and median gross rent $1,808 a month.
15,512
Population
6,324
Households
2.5
Avg Household Size
45
Median Age
43%
College-Educated
92%
High-School Grad
18.4 sq mi
ZIP Area
843
Density / Sq Mi
$116,310
Median Household Income
$59,600
Median Earnings
$1,808
Median Rent
$461,600
Median Home Value
Tools
Lease vs Buy Breakeven
At $16.47/SF/Yr lease vs $272/SF buy → buying wins if held > 5 years.
At a 6.1% 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 |
|---|---|---|
| East Providence | $196 (county avg) | $15.19 |
| Providence | $196 (county avg) | $25.23 |
| Pawtucket | $196 (county avg) | $15.74 |
Commercial property in Seekonk, MA asks $272/SF. The 3 bordering markets run from $196/SF in East Providence to $196/SF in East Providence, and the city sits above their $196/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Seekonk?
Commercial property in Seekonk, MA asks an average of $272 per square foot. The 3 most recent recorded sales traded at a median of $133/SF, so asking sits 104% above the achieved median. Multifamily carries the highest asking price at $225/SF.
How much does it cost to lease commercial space in Seekonk?
Asking lease rates in Seekonk, MA average $16.47 per square foot per year.
Is it cheaper to lease or buy commercial space in Seekonk?
Buying beats leasing in Seekonk, MA if the property is held longer than 5.0 years, comparing $16.47/SF/Yr asking rent with $272/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.
How does Seekonk compare to nearby markets on price?
Seekonk, MA asks $272/SF against $196/SF in East Providence, $196/SF in Providence and $196/SF in Pawtucket. East Providence is the cheapest entry point at 28% below Seekonk pricing, with $15.19/SF/Yr asking rents.
What zoning applies to commercial property in Seekonk?
Seekonk, MA zones 11,906 acres across 9 districts, of which 5.9% is commercial and 9% industrial. The largest single district is Residence at 36.8% of zoned land. Residential zoning covers 85% and open space 0%.
Where does Realmo's Seekonk market data come from?
Realmo compiles Seekonk, MA figures from 6 recent recorded sales, 19 active sale listings, 21 active lease listings, 474 tracked off-market properties, the current Seekonk zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 19 active for-sale and 21 active for-lease listings in Seekonk, 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: 11,906 zoned acres across 9 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
