Fitchburg, MA
Commercial Real Estate Market Trends & Data

$288 Avg asking sale price
$24 Avg asking lease rate
18,921 SF Avg unit lease size
15,641 SF Avg building size for sale
8.31% Average cap rate

Fitchburg's Demographic Profile

Fitchburg has 16,154 households and a median income of $64,967, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 41,889
# Households 16,154
Median age 37
Median household income $64,967
Avg household size 2.0
Renter-occupied housing units 7,859
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Fitchburg, MA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Fitchburg $65 55,000 SF 11.72%
Lunenburg $82 32,500 SF 11.72%
Townsend $127 11,000 SF 6.90%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Fitchburg $96 24,898 SF 9.85%
Leominster $124 50,390 SF 7.00%
Westminster $33 14,584 SF 9.85%
Nearby Retail Markets Avg Cost/SF Typical Size
Fitchburg $423 8,704 SF
Lunenburg $138 12,257 SF
Leominster $1,239 2,757 SF
Shirley $385 4,006 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Fitchburg $230 4,934 SF 7.88%
Lunenburg $293 4,188 SF 6.95%
Berlin $329 27,828 SF 6.25%

Commercial Properties For Sale in Fitchburg

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

113 Summer St

Lunenburg, MA 01462

  • 3,008 SF Retail Building
  • $980,000
For Sale

100 Harvard St

Fitchburg, MA 01420

  • 3,200 SF Retail Building
  • $400,000
For Sale

Palace Bowling

Fitchburg, MA 01420

  • 18,652 SF Retail Building
  • $300,000
For Sale

511 John Fitch Hwy

Fitchburg, MA 01420

  • 3,520 SF Specialty
  • 7.00% Cap Rate
  • $463,028
For Sale

Fast Food - Drive Thru

Leominster, MA 01453

  • 1,610 SF Retail Building
  • $899,000
For Sale

536 N Main St

Leominster, MA 01453

  • 1,672 SF Retail Building
  • 6.46% Cap Rate
  • $3,500,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Fitchburg pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Fitchburg $288 15,641 SF
Lunenburg $166 45,039 SF
Leominster $297 42,345 SF
Westminster $35 62,085 SF

Regional Demographic Comparison

This comparison places Fitchburg alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Fitchburg or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Fitchburg 41,889 16,154 37 $64,967 2 7,859 -1%
Lunenburg 12,339 4,737 45 $106,471 3 915 1%
Leominster 43,453 17,748 42 $73,893 2 7,608 -1%
Westminster 8,549 3,205 45 $115,059 3 414 1%
Ashby 3,082 1,117 45 $99,080 3 104 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Fitchburg, MA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Fitchburg

View All Commercial Real Estate For Sale in Fitchburg
Is Fitchburg a good market for a first-time commercial real estate investor?

Fitchburg offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Fitchburg?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Fitchburg. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Fitchburg?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Fitchburg. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Fitchburg compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Fitchburg. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Fitchburg acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Fitchburg, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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