Commercial Real Estate Market in Westborough, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
85 active listings and 486 off-market properties in Westborough, MA. Commercial property asks $105/SF to buy and $16.73/SF/Yr to lease.
Market Trends
Westborough, MA spans 20.6 square miles in Worcester County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Westborough, 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 Westborough, 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 Westborough, 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 Westborough, 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 46.1%
- Industrial 18.8%
- Mixed use 8.3%
- Commercial 7.9%
- Open space 6%
Largest Zones share of zoned land by district
Residential Single
Industrial B
Mixed Use District
Town Owned
Business Highway
Westborough, MA zones 13,557 acres across 12 districts. Commercial zoning covers 7.9% of zoned land, residential 46.1%, open space 6% and industrial 18.8%. The largest single district is Residential Single at 46.1%. For commercial buyers the practical constraint is that only 26.7% of land carries a commercial or industrial designation.
Industrial B (IB)
IB District. Projects in the Industrial D (ID) Overlay District shall undergo site plan review in accordance with § 3.1 and shall be consistent with the intent of this Zoning Bylaw and this section. Proposed changes in the use of the site shall require a new site plan review. C. Establishment of district. The Industrial D (ID) Overlay District includes all p…
Market overview
Demographics & Economy
Westborough, MA has 21,567 residents in 8,407 households. Density runs 1,047 people per square mile. Median household income here is $134,474 and median gross rent $2,038 a month.
21,567
Population
8,407
Households
2.6
Avg Household Size
39
Median Age
66%
College-Educated
96%
High-School Grad
20.6 sq mi
ZIP Area
1,047
Density / Sq Mi
$134,474
Median Household Income
$82,045
Median Earnings
$2,038
Median Rent
$637,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Northborough | — | — |
| Hopkinton | — | — |
| Shrewsbury | — | $19.59 |
| Grafton | — | — |
Commercial property in Westborough, MA asks $105/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Westborough?
Commercial property in Westborough, MA asks an average of $105 per square foot. The 7 most recent recorded sales traded at a median of $136/SF. Multifamily carries the highest asking price at $216/SF.
How much does it cost to lease commercial space in Westborough?
Asking lease rates in Westborough, MA average $16.73 per square foot per year.
What zoning applies to commercial property in Westborough?
Westborough, MA zones 13,557 acres across 12 districts, of which 7.9% is commercial and 18.8% industrial. The largest single district is Residential Single at 46.1% of zoned land. Residential zoning covers 46.1% and open space 6%.
Where does Realmo's Westborough market data come from?
Realmo compiles Westborough, MA figures from 8 recent recorded sales, 15 active sale listings, 70 active lease listings, 486 tracked off-market properties, the current Westborough zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 70 active for-lease listings in Westborough, 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: 13,557 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 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
