Commercial Real Estate Market in Merrimack, NH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
29 active listings and 673 off-market properties in Merrimack, NH. Commercial property asks $102/SF to buy and $12.35/SF/Yr to lease.
Market Trends
Merrimack, NH spans 32.6 square miles in Hillsborough County, New Hampshire. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Merrimack, 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 Merrimack, 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 Merrimack, 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 Merrimack, NH asks $260/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 81.5%
- Industrial 15.3%
- Commercial 3.2%
Largest Zones share of zoned land by district
Residential
Residential
Industrial
Industrial
General Commercial
Merrimack, NH zones 20,729 acres across 7 districts. Commercial zoning covers 3.2% of zoned land, residential 81.5% and industrial 15.3%. The largest single district is Residential at 54.6%. For commercial buyers the practical constraint is that only 18.5% of land carries a commercial or industrial designation.
Residential (R)
The purpose of R zone is to provide residential uses and customary secondary accessory uses and structures, home occupations
Market overview
Demographics & Economy
Merrimack, NH has 26,622 residents in 10,581 households. Density runs 817 people per square mile. Median household income here is $128,897 and median gross rent $1,819 a month.
26,622
Population
10,581
Households
2.5
Avg Household Size
43
Median Age
49%
College-Educated
96%
High-School Grad
32.6 sq mi
ZIP Area
817
Density / Sq Mi
$128,897
Median Household Income
$65,604
Median Earnings
$1,819
Median Rent
$406,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Litchfield | — | — |
| Bedford | — | $17.58 |
| Amherst | — | $24.50 |
| Hudson | — | $19.83 |
Commercial property in Merrimack, NH asks $102/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Merrimack?
Commercial property in Merrimack, NH asks an average of $102 per square foot. The 8 most recent recorded sales traded at a median of $187/SF. Multifamily carries the highest asking price at $260/SF.
How much does it cost to lease commercial space in Merrimack?
Asking lease rates in Merrimack, NH average $12.35 per square foot per year.
What zoning applies to commercial property in Merrimack?
Merrimack, NH zones 20,729 acres across 7 districts, of which 3.2% is commercial and 15.3% industrial. The largest single district is Residential at 54.6% of zoned land. The purpose of R zone is to provide residential uses and customary secondary accessory uses and structures, home occupations Residential zoning covers 81.5% and open space 0%.
Where does Realmo's Merrimack market data come from?
Realmo compiles Merrimack, NH figures from 8 recent recorded sales, 17 active sale listings, 12 active lease listings, 673 tracked off-market properties, the current Merrimack zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 12 active for-lease listings in Merrimack, 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: 20,729 zoned acres across 7 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
