Commercial Real Estate Market in Ontario, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
39 active listings and 295 off-market properties in Ontario, NY. Commercial property asks $98/SF to buy and $265.00/SF/Yr to lease.
Market Trends
Ontario, NY spans 42.0 square miles in Wayne County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Ontario, NY asks $35/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Ontario, NY 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 Ontario, 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 Ontario, NY asks $106/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 82.8%
- Commercial 6%
- Industrial 4.3%
- Planned_development 3.2%
Largest Zones share of zoned land by district
Rural Residential District
Suburban Residential District
Business Transitional District
Public Utility District
Industrial District
Ontario, NY zones 20,890 acres across 9 districts. Commercial zoning covers 6% of zoned land, residential 82.8% and industrial 4.3%. The largest single district is Rural Residential District at 55.7%. For commercial buyers the practical constraint is that only 10.3% of land carries a commercial or industrial designation.
Rural Residential District (RR)
The Rural Residential (RR) District is established to encourage a proper environment to foster normal agricultural operations and primarily rural residential land uses, to maintain an open rural character of the community, and to protect viable agricultural soils. B. Any use not specifically permitted in this article is not allowed in the Rural Residential (…
Market overview
Demographics & Economy
Ontario, NY has 12,354 residents in 5,281 households. Density runs 294 people per square mile. Median household income here is $91,331 and median gross rent $927 a month.
12,354
Population
5,281
Households
2.3
Avg Household Size
44
Median Age
34%
College-Educated
95%
High-School Grad
42 sq mi
ZIP Area
294
Density / Sq Mi
$91,331
Median Household Income
$46,293
Median Earnings
$927
Median Rent
$222,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Webster | $66 (county avg) | — |
| Penfield | $66 (county avg) | $19.00 |
Commercial property in Ontario, NY asks $98/SF. The 2 bordering markets run from $66/SF in Webster to $66/SF in Webster, and the city sits above their $66/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ontario?
Commercial property in Ontario, NY asks an average of $98 per square foot. The 6 most recent recorded sales traded at a median of $69/SF, so asking sits 42% above the achieved median. Multifamily carries the highest asking price at $106/SF.
How much does it cost to lease commercial space in Ontario?
Asking lease rates in Ontario, NY average $265.00 per square foot per year.
How does Ontario compare to nearby markets on price?
Ontario, NY asks $98/SF against $66/SF in Webster and $66/SF in Penfield. Webster is the cheapest entry point at 33% below Ontario pricing.
What zoning applies to commercial property in Ontario?
Ontario, NY zones 20,890 acres across 9 districts, of which 6% is commercial and 4.3% industrial. The largest single district is Rural Residential District at 55.7% of zoned land. The Rural Residential (RR) District is established to encourage a proper environment to foster normal agricultural operations and primarily rural residential land uses, to maintain an open rural character of the community, and to protect viable agricultural soils. B. Any use not specifically permitted in this article is not allowed in the Rural Residential (… Residential zoning covers 82.8% and open space 0%.
Where does Realmo's Ontario market data come from?
Realmo compiles Ontario, NY figures from 8 recent recorded sales, 28 active sale listings, 11 active lease listings, 295 tracked off-market properties, the current Ontario zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 28 active for-sale and 11 active for-lease listings in Ontario, 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.
- 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: 20,890 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 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
