Commercial Real Estate Market in Kenmore, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
1,741 active listings and 13,922 off-market properties in Kenmore, NY. Commercial property asks $100/SF to buy and $38.69/SF/Yr to lease.
Market Trends
Kenmore, NY spans 6.7 square miles in Erie County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Kenmore, NY asks $18.57/SF/Yr to lease and $117/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail space in Kenmore, NY asks $73/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Kenmore, NY 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 Kenmore, NY asks $103/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 68.2%
- Commercial 16.1%
- Civic 14.3%
- Planned_development 1.1%
- Open space 0.3%
- Industrial 0.1%
Largest Zones share of zoned land by district
Residential 1
Restricted Business
School And Recreation
General Business
Planned Unit Development
Kenmore, NY zones 414 acres across 9 districts. Commercial zoning covers 16.1% of zoned land, residential 68.2%, open space 0.3% and industrial 0.1%. The largest single district is Residential 1 at 67.2%. For commercial buyers the practical constraint is that only 16.2% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Kenmore, NY has 45,743 residents in 21,866 households. Density runs 6,867 people per square mile. Median household income here is $77,814 and median gross rent $973 a month.
45,743
Population
21,866
Households
2.1
Avg Household Size
41
Median Age
43%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
6,867
Density / Sq Mi
$77,814
Median Household Income
$50,461
Median Earnings
$973
Median Rent
$197,658
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Tonawanda | $100 (county avg) | $13.41 |
| Buffalo | $100 (county avg) | $38.69 |
| Grand Island | $100 (county avg) | — |
| Cheektowaga | $100 (county avg) | $17.72 |
Commercial property in Kenmore, NY asks $100/SF. The 4 bordering markets run from $100/SF in Tonawanda to $100/SF in Tonawanda, and the city sits in line with their $100/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kenmore?
Commercial property in Kenmore, NY asks an average of $100 per square foot. The 6 most recent recorded sales traded at a median of $94/SF, so asking sits 7% above the achieved median. Office carries the highest asking price at $117/SF.
How much does it cost to lease commercial space in Kenmore?
Asking lease rates in Kenmore, NY average $38.69 per square foot per year. Office asks $18.57/SF/Yr as of Q2 26, up from $15.91/SF/Yr in Q1 26.
How does Kenmore compare to nearby markets on price?
Kenmore, NY asks $100/SF against $100/SF in Tonawanda, $100/SF in Buffalo, $100/SF in Grand Island and $100/SF in Cheektowaga.
What zoning applies to commercial property in Kenmore?
Kenmore, NY zones 414 acres across 9 districts, of which 16.1% is commercial and 0.1% industrial. The largest single district is Residential 1 at 67.2% of zoned land. Residential zoning covers 68.2% and open space 0.3%.
Where does Realmo's Kenmore market data come from?
Realmo compiles Kenmore, NY figures from 8 recent recorded sales, 1,393 active sale listings, 348 active lease listings, 13,922 tracked off-market properties, the current Kenmore zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1,393 active for-sale and 348 active for-lease listings in Kenmore, NY. 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 414 zoned acres across 9 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 30 September 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 30 September 2026 · report a data issue
