Commercial Real Estate Market in Bradford, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
26 active listings and 690 off-market properties in Bradford, PA. Commercial property asks $82/SF to buy and $5.75/SF/Yr to lease.
Market Trends
Bradford, PA spans 220.0 square miles in McKean County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bradford, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Bradford, PA 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 Bradford, PA 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 vacancy in Bradford, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 41.4%
- Open space 30.3%
- Industrial 20.1%
- Commercial 4.3%
- Civic 3.9%
Largest Zones share of zoned land by district
Conservation
Residential 1
Residential 2
Manufacturing 2
Manufacturing 1
Bradford, PA zones 2,176 acres across 9 districts. Commercial zoning covers 4.3% of zoned land, residential 41.4%, open space 30.3% and industrial 20.1%. The largest single district is Conservation at 30.3%. For commercial buyers the practical constraint is that only 24.4% of land carries a commercial or industrial designation.
Residential 1 (R1)
The purpose of this district is to preserve established single family neighborhoods and to protect them from encroachment by incompatible land uses while providing for customary permitted accessory uses and compatible public and semipublic uses as permitted uses and uses by special exception.
Market overview
Demographics & Economy
Bradford, PA has 16,887 residents in 7,544 households. Density runs 77 people per square mile. Median household income here is $61,996 and median gross rent $758 a month.
16,887
Population
7,544
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
220 sq mi
ZIP Area
77
Density / Sq Mi
$61,996
Median Household Income
$36,886
Median Earnings
$758
Median Rent
$97,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Custer City | — | — |
| Kendall Creek | — | — |
| Limestone | — | — |
| Derrick City | — | — |
Commercial property in Bradford, PA asks $82/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bradford?
Commercial property in Bradford, PA asks an average of $82 per square foot.
How much does it cost to lease commercial space in Bradford?
Asking lease rates in Bradford, PA average $5.75 per square foot per year.
What zoning applies to commercial property in Bradford?
Bradford, PA zones 2,176 acres across 9 districts, of which 4.3% is commercial and 20.1% industrial. The largest single district is Conservation at 30.3% of zoned land. Residential zoning covers 41.4% and open space 30.3%.
Where does Realmo's Bradford market data come from?
Realmo compiles Bradford, PA figures from 5 recent recorded sales, 23 active sale listings, 3 active lease listings, 690 tracked off-market properties, the current Bradford zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 23 active for-sale and 3 active for-lease listings in Bradford, PA. 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: 2,176 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
