Commercial Real Estate Market in Franklin, NH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
22 active listings and 222 off-market properties in Franklin, NH. Commercial property asks $2/SF to buy and $15.82/SF/Yr to lease.
Market Trends
Franklin, NH spans 29.8 square miles in Merrimack County, New Hampshire. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Franklin, NH runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Franklin, NH 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 Franklin, NH 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 Franklin, NH asks $209/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 84.9%
- Commercial 8.7%
- Industrial 1%
Largest Zones share of zoned land by district
Conservation
Rural Residential
Low Density Residential
Lake Protection
High Density Residential
Franklin, NH zones 17,487 acres across 11 districts. Commercial zoning covers 8.7% of zoned land, residential 84.9% and industrial 1%. The largest single district is Conservation at 63.6%. For commercial buyers the practical constraint is that only 9.7% of land carries a commercial or industrial designation.
Conservation (C)
Conservation District. The district designated for conservation, "C," is limited to low-density residential, agriculture and certain other open land uses. The purpose of this district is to prevent intensive development of land that is unsuitable for development because of lack of municipal utilities, unsuitability of soil, steepness of slope or periodic flo…
Market overview
Demographics & Economy
Franklin, NH has 8,856 residents in 4,021 households. Density runs 297 people per square mile. Median household income here is $69,921 and median gross rent $1,088 a month.
8,856
Population
4,021
Households
2.2
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
29.8 sq mi
ZIP Area
297
Density / Sq Mi
$69,921
Median Household Income
$41,333
Median Earnings
$1,088
Median Rent
$244,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Tilton | — | — |
| Northfield | — | — |
| Sanbornton | — | — |
| Hill | — | — |
Commercial property in Franklin, NH asks $2/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Franklin?
Commercial property in Franklin, NH asks an average of $2 per square foot. The 6 most recent recorded sales traded at a median of $126/SF. Multifamily carries the highest asking price at $209/SF.
How much does it cost to lease commercial space in Franklin?
Asking lease rates in Franklin, NH average $15.82 per square foot per year.
What zoning applies to commercial property in Franklin?
Franklin, NH zones 17,487 acres across 11 districts, of which 8.7% is commercial and 1% industrial. The largest single district is Conservation at 63.6% of zoned land. Conservation District. The district designated for conservation, "C," is limited to low-density residential, agriculture and certain other open land uses. The purpose of this district is to prevent intensive development of land that is unsuitable for development because of lack of municipal utilities, unsuitability of soil, steepness of slope or periodic flo… Residential zoning covers 84.9% and open space 0%.
Where does Realmo's Franklin market data come from?
Realmo compiles Franklin, NH figures from 8 recent recorded sales, 16 active sale listings, 6 active lease listings, 222 tracked off-market properties, the current Franklin zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 6 active for-lease listings in Franklin, NH. 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: 17,487 zoned acres across 11 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
