Commercial Real Estate Market in Mercersburg, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
21 active listings and 232 off-market properties in Mercersburg, PA. Commercial property asks $566/SF to buy and $8.00/SF/Yr to lease.
Market Trends
Mercersburg, PA spans 125.7 square miles in Franklin County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mercersburg, 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 Mercersburg, 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 Mercersburg, 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 Mercersburg, 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 53.5%
- Commercial 21.5%
- Industrial 17.9%
- Civic 7.1%
Largest Zones share of zoned land by district
Town Residential District
Single Family Residential District
Industrial District
General Residential District
Planned Commercial District
Mercersburg, PA zones 556 acres across 9 districts. Commercial zoning covers 21.5% of zoned land, residential 53.5% and industrial 17.9%. The largest single district is Town Residential District at 21.4%. For commercial buyers the practical constraint is that only 39.4% of land carries a commercial or industrial designation.
Town Residential District (TR)
The purpose of TR zone is to provide for the orderly expansion of areas that offer residential neighborhoods at a medium density
Market overview
Demographics & Economy
Mercersburg, PA has 8,620 residents in 3,741 households. Density runs 69 people per square mile. Median household income here is $81,074 and median gross rent $986 a month.
8,620
Population
3,741
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
89%
High-School Grad
125.7 sq mi
ZIP Area
69
Density / Sq Mi
$81,074
Median Household Income
$42,283
Median Earnings
$986
Median Rent
$250,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dickey | — | — |
| Lemasters | — | — |
| Upton | — | — |
| Williamson | — | — |
Commercial property in Mercersburg, PA asks $566/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mercersburg?
Commercial property in Mercersburg, PA asks an average of $566 per square foot.
How much does it cost to lease commercial space in Mercersburg?
Asking lease rates in Mercersburg, PA average $8.00 per square foot per year.
What zoning applies to commercial property in Mercersburg?
Mercersburg, PA zones 556 acres across 9 districts, of which 21.5% is commercial and 17.9% industrial. The largest single district is Town Residential District at 21.4% of zoned land. The purpose of TR zone is to provide for the orderly expansion of areas that offer residential neighborhoods at a medium density Residential zoning covers 53.5% and open space 0%.
Where does Realmo's Mercersburg market data come from?
Realmo compiles Mercersburg, PA figures from 5 recent recorded sales, 18 active sale listings, 3 active lease listings, 232 tracked off-market properties, the current Mercersburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 3 active for-lease listings in Mercersburg, 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: 556 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
