Commercial Real Estate Market in Townsend, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
32 active listings and 169 off-market properties in Townsend, MA. Commercial property asks $38/SF to buy and $21.86/SF/Yr to lease.
Market Trends
Townsend, MA spans 32.7 square miles in Middlesex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Townsend, 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 Townsend, 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 Townsend, 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 Townsend, 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 97.1%
- Industrial 1.9%
- Commercial 1.1%
Largest Zones share of zoned land by district
Residential B
Residential A
Industrial
Outlying Commercial
Downtown Commercial
Townsend, MA zones 21,116 acres across 6 districts. Commercial zoning covers 1.1% of zoned land, residential 97.1% and industrial 1.9%. The largest single district is Residential B at 53.8%. For commercial buyers the practical constraint is that only 2.9% of land carries a commercial or industrial designation.
Residential B (RB)
In a Residential Aquifer District (RA), Residential B District (RB), Commercial District (C), Neighborhood Commercial District (NCD), Downtown Commercial District (DCD), or Outlying Commercial District (OCD), the Planning Board may grant a special permit for an age-restricted development in accordance with this § 145-54.1 on any tract of land meeting the fol…
Market overview
Demographics & Economy
Townsend, MA has 9,127 residents in 3,484 households. Density runs 279 people per square mile. Median household income here is $117,020 and median gross rent $1,404 a month.
9,127
Population
3,484
Households
2.6
Avg Household Size
43
Median Age
38%
College-Educated
96%
High-School Grad
32.7 sq mi
ZIP Area
279
Density / Sq Mi
$117,020
Median Household Income
$57,980
Median Earnings
$1,404
Median Rent
$394,826
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brookline | — | — |
| Pepperell | — | — |
| Lunenburg | — | — |
| Hollis | — | — |
Commercial property in Townsend, MA asks $38/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Townsend?
Commercial property in Townsend, MA asks an average of $38 per square foot. Multifamily carries the highest asking price at $318/SF.
How much does it cost to lease commercial space in Townsend?
Asking lease rates in Townsend, MA average $21.86 per square foot per year.
What zoning applies to commercial property in Townsend?
Townsend, MA zones 21,116 acres across 6 districts, of which 1.1% is commercial and 1.9% industrial. The largest single district is Residential B at 53.8% of zoned land. In a Residential Aquifer District (RA), Residential B District (RB), Commercial District (C), Neighborhood Commercial District (NCD), Downtown Commercial District (DCD), or Outlying Commercial District (OCD), the Planning Board may grant a special permit for an age-restricted development in accordance with this § 145-54.1 on any tract of land meeting the fol… Residential zoning covers 97.1% and open space 0%.
Where does Realmo's Townsend market data come from?
Realmo compiles Townsend, MA figures from 2 recent recorded sales, 9 active sale listings, 23 active lease listings, 169 tracked off-market properties, the current Townsend zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 23 active for-lease listings in Townsend, 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: 21,116 zoned acres across 6 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
