Commercial Real Estate Market in Mckean, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 12 off-market properties in Mckean, PA.
Market Trends
Mckean, PA spans 28.7 square miles in Erie County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Mckean, PA asks $80/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 space in Mckean, PA asks $112/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 Mckean, 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 space in Mckean, PA asks $81/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 83.1%
- Industrial 8.5%
- Commercial 8.4%
Largest Zones share of zoned land by district
Low Density Residential
Medium Density Residential
Industrial
Business District
High Density Residential
Mckean, PA zones 384 acres across 5 districts. Commercial zoning covers 8.4% of zoned land, residential 83.1% and industrial 8.5%. The largest single district is Low Density Residential at 43.6%. For commercial buyers the practical constraint is that only 16.9% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
The intent of the zone is to provide single family units
Market overview
Demographics & Economy
Mckean, PA has 3,785 residents in 1,476 households. Density runs 132 people per square mile. Median household income here is $79,554 and median gross rent $975 a month.
3,785
Population
1,476
Households
2.6
Avg Household Size
45
Median Age
23%
College-Educated
95%
High-School Grad
28.7 sq mi
ZIP Area
132
Density / Sq Mi
$79,554
Median Household Income
$41,328
Median Earnings
$975
Median Rent
$219,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mc Kean | — | — |
| Erie | — | $14.33 |
| Fairview | — | — |
| Edinboro | — | $6.74 |
Commercial property in Mckean, PA asks $0/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mckean?
Commercial property in Mckean, PA asks an average of $0 per square foot. Retail carries the highest asking price at $112/SF.
What zoning applies to commercial property in Mckean?
Mckean, PA zones 384 acres across 5 districts, of which 8.4% is commercial and 8.5% industrial. The largest single district is Low Density Residential at 43.6% of zoned land. The intent of the zone is to provide single family units Residential zoning covers 83.1% and open space 0%.
Where does Realmo's Mckean market data come from?
Realmo compiles Mckean, PA figures from 5 active sale listings, 12 tracked off-market properties, the current Mckean zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Mckean, 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: 384 zoned acres across 5 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
