Commercial Real Estate Market in Rochester, NH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
76 active listings and 1,368 off-market properties in Rochester, NH. Commercial property asks $205/SF to buy and $12.84/SF/Yr to lease.
Market Trends
Rochester, NH spans 45.0 square miles in Strafford County, New Hampshire. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Rochester, 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 Rochester, 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 Rochester, 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 Rochester, NH asks $214/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 64%
- Residential 19%
- Industrial 9.4%
- Mixed use 3%
- Commercial 2.9%
- Civic 1.1%
- Special 0.7%
Largest Zones share of zoned land by district
Agricultural
Residential 1
General Industrial
Residential 2
Recycling Industrial
Agricultural (A)
The R1 District is intended to allow single-family neighborhoods and thus allows single-family use with few other allowed uses. The R2 District allows for a mix of residential types and limited nonresidential uses. § 275-5.4
Market overview
Demographics & Economy
Rochester, NH has 32,492 residents in 14,613 households. Density runs 722 people per square mile. Median household income here is $78,688 and median gross rent $1,185 a month.
32,492
Population
14,613
Households
2.2
Avg Household Size
44
Median Age
27%
College-Educated
93%
High-School Grad
45 sq mi
ZIP Area
722
Density / Sq Mi
$78,688
Median Household Income
$44,766
Median Earnings
$1,185
Median Rent
$264,177
Median Home Value
Tools
Lease vs Buy Breakeven
At $12.84/SF/Yr lease vs $205/SF buy → buying wins if held > 4.5 years.
At a 6.2% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Barrington | — | — |
| Ctr Strafford | — | — |
| Somersworth | — | — |
| Berwick | — | — |
Commercial property in Rochester, NH asks $205/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rochester?
Commercial property in Rochester, NH asks an average of $205 per square foot. The 6 most recent recorded sales traded at a median of $291/SF. Multifamily carries the highest asking price at $214/SF.
How much does it cost to lease commercial space in Rochester?
Asking lease rates in Rochester, NH average $12.84 per square foot per year.
Is it cheaper to lease or buy commercial space in Rochester?
Buying beats leasing in Rochester, NH if the property is held longer than 4.5 years, comparing $12.84/SF/Yr asking rent with $205/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Rochester market data come from?
Realmo compiles Rochester, NH figures from 8 recent recorded sales, 44 active sale listings, 32 active lease listings, 1,368 tracked off-market properties, the current Rochester zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 44 active for-sale and 32 active for-lease listings in Rochester, 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: 26,971 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
