Commercial Real Estate Market in Montrose, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 413 off-market properties in Montrose, PA. Commercial property asks $106/SF to buy and $10.90/SF/Yr to lease.
Market Trends
Montrose, PA spans 179.6 square miles in Susquehanna County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Montrose, 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 Montrose, 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 Montrose, 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 Montrose, PA asks $115/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 79.3%
- Industrial 16.8%
- Commercial 3.9%
Largest Zones share of zoned land by district
Residential
Industrial
Commercial
Office
Montrose, PA zones 821 acres across 4 districts. Commercial zoning covers 3.9% of zoned land, residential 79.3% and industrial 16.8%. The largest single district is Residential at 79.3%. For commercial buyers the practical constraint is that only 20.7% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Montrose, PA has 7,829 residents in 4,126 households. Density runs 44 people per square mile. Median household income here is $69,337 and median gross rent $903 a month.
7,829
Population
4,126
Households
1.9
Avg Household Size
48
Median Age
20%
College-Educated
90%
High-School Grad
179.6 sq mi
ZIP Area
44
Density / Sq Mi
$69,337
Median Household Income
$37,479
Median Earnings
$903
Median Rent
$226,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| South Montrose | — | — |
| Dimock | — | — |
| Brooklyn | — | — |
| New Milford | — | — |
Commercial property in Montrose, PA asks $106/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Montrose?
Commercial property in Montrose, PA asks an average of $106 per square foot. Multifamily carries the highest asking price at $115/SF.
How much does it cost to lease commercial space in Montrose?
Asking lease rates in Montrose, PA average $10.90 per square foot per year.
What zoning applies to commercial property in Montrose?
Montrose, PA zones 821 acres across 4 districts, of which 3.9% is commercial and 16.8% industrial. The largest single district is Residential at 79.3% of zoned land. Residential zoning covers 79.3% and open space 0%.
Where does Realmo's Montrose market data come from?
Realmo compiles Montrose, PA figures from 7 recent recorded sales, 8 active sale listings, 3 active lease listings, 413 tracked off-market properties, the current Montrose zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 3 active for-lease listings in Montrose, 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: 821 zoned acres across 4 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
