Commercial Real Estate Market in Waterford, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 266 off-market properties in Waterford, PA.
Market Trends
Waterford, PA spans 110.2 square miles in Erie County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Waterford, 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 Waterford, 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 Waterford, 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 Waterford, 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 69.6%
- Commercial 15.7%
- Industrial 14.7%
Largest Zones share of zoned land by district
General Residential
Single Family
General Business
Transitional
Central Business
Waterford, PA zones 783 acres across 5 districts. Commercial zoning covers 15.7% of zoned land, residential 69.6% and industrial 14.7%. The largest single district is General Residential at 42.1%. For commercial buyers the practical constraint is that only 30.4% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Waterford, PA has 10,240 residents in 4,173 households. Density runs 93 people per square mile. Median household income here is $78,367 and median gross rent $950 a month.
10,240
Population
4,173
Households
2.5
Avg Household Size
44
Median Age
23%
College-Educated
95%
High-School Grad
110.2 sq mi
ZIP Area
93
Density / Sq Mi
$78,367
Median Household Income
$42,202
Median Earnings
$950
Median Rent
$219,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mill Village | — | — |
| Union City | — | — |
| Mckean | — | — |
| Edinboro | — | $6.74 |
Commercial property in Waterford, PA asks $5/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Waterford?
Commercial property in Waterford, PA asks an average of $5 per square foot. The 4 most recent recorded sales traded at a median of $48/SF. Retail carries the highest asking price at $112/SF.
What zoning applies to commercial property in Waterford?
Waterford, PA zones 783 acres across 5 districts, of which 15.7% is commercial and 14.7% industrial. The largest single district is General Residential at 42.1% of zoned land. Residential zoning covers 69.6% and open space 0%.
Where does Realmo's Waterford market data come from?
Realmo compiles Waterford, PA figures from 5 recent recorded sales, 7 active sale listings, 266 tracked off-market properties, the current Waterford zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 0 active for-lease listings in Waterford, 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: 783 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
