Leominster, MA
Commercial Real Estate Market Trends & Data

$297 Avg asking sale price
$17 Avg asking lease rate
19,170 SF Avg unit lease size
42,345 SF Avg building size for sale
6.74% Average cap rate

Leominster's Demographic Profile

Leominster has 17,748 households and a median income of $73,893, 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 43,453
# Households 17,748
Median age 42
Median household income $73,893
Avg household size 2.0
Renter-occupied housing units 7,608
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Leominster, 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%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Leominster $124 50,390 SF 7.00%
Fitchburg $96 24,898 SF 9.85%
Nearby Retail Markets Avg Cost/SF Typical Size
Leominster $1,239 2,757 SF
Fitchburg $423 8,704 SF
Lunenburg $138 12,257 SF
Sterling $385 2,600 SF
Lancaster $1,210 3,373 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 Leominster

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

21 Jungle Rd

Leominster, MA 01453

  • 67,500 SF Industrial Building
  • $2,500,000
For Sale

50 June St

Leominster, MA 01453

  • 28,000 SF Industrial Building
  • $4,250,000
For Sale

Leominster Commerce Center

Leominster, MA

  • $10,200,000
For Sale

1 Beverly Dr

Sterling, MA 01564

  • 2,600 SF Retail Building
  • $1,000,000
For Sale

Fast Food - Drive Thru

Leominster, MA 01453

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

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 Leominster pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Leominster $297 42,345 SF
Fitchburg $288 15,641 SF
Lunenburg $166 45,039 SF
Sterling $186 45,177 SF
Lancaster $319 91,595 SF

Regional Demographic Comparison

This comparison places Leominster 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 Leominster or distributed across surrounding areas.

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

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Leominster, 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 Leominster

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

Leominster 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 Leominster?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Leominster. 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 Leominster?

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

How does Leominster compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Leominster. 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 Leominster acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Leominster, 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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