Commercial Real Estate Market in Pembroke, NH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
17 active listings and 163 off-market properties in Pembroke, NH. Commercial property asks $324/SF to buy and $1.40/SF/Yr to lease.
Market Trends
Pembroke, NH spans 43.0 square miles in Merrimack County, New Hampshire. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pembroke, 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 Pembroke, 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 Pembroke, 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 Pembroke, 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
- Agricultural 67.2%
- Residential 20.8%
- Industrial 6.5%
- Commercial 0.6%
- Mixed use 0.2%
Largest Zones share of zoned land by district
Rural Agricultural Development
Medium Density Residential
Commercial Light Industrial
Limited Office
Soucook River Development
Rural Agricultural Development (R-3)
The purpose of this zone is to provide for rural, agricultural, farming and forestry uses.
Market overview
Demographics & Economy
Pembroke, NH has 11,946 residents in 4,739 households. Density runs 278 people per square mile. Median household income here is $84,776 and median gross rent $1,258 a month.
11,946
Population
4,739
Households
2.5
Avg Household Size
42
Median Age
25%
College-Educated
91%
High-School Grad
43 sq mi
ZIP Area
278
Density / Sq Mi
$84,776
Median Household Income
$43,850
Median Earnings
$1,258
Median Rent
$309,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Allenstown | — | — |
| Manchester | — | $22.54 |
| Hooksett | — | $15.70 |
| Bow | — | $12.30 |
Commercial property in Pembroke, NH asks $324/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pembroke?
Commercial property in Pembroke, NH asks an average of $324 per square foot. The 6 most recent recorded sales traded at a median of $357/SF. Multifamily carries the highest asking price at $209/SF.
How much does it cost to lease commercial space in Pembroke?
Asking lease rates in Pembroke, NH average $1.40 per square foot per year.
Where does Realmo's Pembroke market data come from?
Realmo compiles Pembroke, NH figures from 7 recent recorded sales, 12 active sale listings, 5 active lease listings, 163 tracked off-market properties, the current Pembroke zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 5 active for-lease listings in Pembroke, 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: 14,585 zoned acres across 8 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
