Commercial Property prices for Sale in Zimbabwe

Historical price trends

Commercial property for sale in Zimbabwe has strengthened overall, rising from an average of $250,000 in 2016 to $450,000 in 2025. The market saw a low in 2019 at $185,000 followed by steady recovery and strong gains after 2021 (notably $320,000 in 2022 and $400,000 in 2023), signaling renewed investor confidence and upward pricing momentum.

Average price by type of commercial property

By category, Hotels & Lodges command the highest average price at $990,000, making them a premium commercial asset class in Zimbabwe; Warehouses & Factories average $650,000, Offices $500,000 (with the highest average price per m² at $717), and Shops & Retail average $310,000. These figures highlight investment opportunities across hospitality, logistics, office and retail sectors for commercial property buyers.

Type

Average price

Average price per m²

Hotels & Lodges

$990,000

$333

Offices

$500,000

$717

Shops & Retail Property

$310,000

$519

Warehouses & Factories

$650,000

$395

Average price by region in Zimbabwe

Regionally, Harare is the dominant commercial property market in Zimbabwe with an average price of $690,000 and $600/m², making it the primary investment hotspot; Mashonaland Central is the most affordable at $120,000 and $90/m². Other notable markets include Mashonaland West ($430,000), Midlands ($400,000), Manicaland ($375,000) and Masvingo ($405,000), offering a range of price points for investors in commercial property for sale.

Region

Average price

Average price per m²

Harare

$690,000

$600

Manicaland

$375,000

$400

Mashonaland Central

$120,000

$90