Commercial Real Estate Market in Lewisburg, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 493 off-market properties in Lewisburg, PA. Commercial property asks $137/SF to buy and $14.73/SF/Yr to lease.
Market Trends
Lewisburg, PA spans 57.0 square miles in Union County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lewisburg, 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 Lewisburg, 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 Lewisburg, 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 Lewisburg, 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 67.9%
- Commercial 18%
- Civic 9.8%
- Mixed use 4.3%
Largest Zones share of zoned land by district
Residential Town 1
Residential Suburban
Open Space
Commercial Highway
Bucknell University
Lewisburg, PA zones 611 acres across 9 districts. Commercial zoning covers 18% of zoned land, residential 67.9%. The largest single district is Residential Town 1 at 25.4%. For commercial buyers the practical constraint is that only 18% of land carries a commercial or industrial designation.
Residential Town 1 (RT-I)
This district is intended to be primarily a residential district of single-family detached and two-family dwellings.
Market overview
Demographics & Economy
Lewisburg, PA has 19,511 residents in 7,155 households. Density runs 342 people per square mile. Median household income here is $78,768 and median gross rent $946 a month.
19,511
Population
7,155
Households
2.7
Avg Household Size
36
Median Age
40%
College-Educated
90%
High-School Grad
57 sq mi
ZIP Area
342
Density / Sq Mi
$78,768
Median Household Income
$26,510
Median Earnings
$946
Median Rent
$259,096
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| East Lewisburg | — | — |
| West Chillisquaq | — | — |
| Milton | — | — |
| West Milton | — | — |
Commercial property in Lewisburg, PA asks $137/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lewisburg?
Commercial property in Lewisburg, PA asks an average of $137 per square foot.
How much does it cost to lease commercial space in Lewisburg?
Asking lease rates in Lewisburg, PA average $14.73 per square foot per year.
What zoning applies to commercial property in Lewisburg?
Lewisburg, PA zones 611 acres across 9 districts, of which 18% is commercial and 0% industrial. The largest single district is Residential Town 1 at 25.4% of zoned land. This district is intended to be primarily a residential district of single-family detached and two-family dwellings. Residential zoning covers 67.9% and open space 0%.
Where does Realmo's Lewisburg market data come from?
Realmo compiles Lewisburg, PA figures from 8 recent recorded sales, 6 active sale listings, 1 active lease listings, 493 tracked off-market properties, the current Lewisburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 1 active for-lease listings in Lewisburg, 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: 611 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
