Commercial Property prices for sale in Zimbabwe

The average price of commercial property for sale in Zimbabwe is $450,000

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Historical price trends

Historical pricing for commercial property for sale in Zimbabwe shows a clear recovery: average prices fell from $250,000 in 2016 to a trough of $185,000 in 2019, then rose steadily to $450,000 by 2025 — an 80% increase versus 2016 and nearly 90% up from the 2019 low. This upward trend signals growing market confidence for investors and developers in Zimbabwe's commercial property sector.

Average price by type of commercial property

By category within commercial property for sale in Zimbabwe, Hotels & Lodges top the list with an average price of $1,000,000, followed by Warehouses & Factories at $600,000 and Offices at $462,500 (highest price per m² ˜ $717). Shops & Retail average $305,000. Use these category benchmarks to target high-value sectors like hospitality and premium office space.
Type
Average price
Average price per m²
Hotels & Lodges
$1,000,000
$400
Offices
$462,500
$717

Average price by region in Zimbabwe

Regional averages for commercial property in Zimbabwe vary widely: Bulawayo leads at $720,000, Harare follows at $650,000 with the highest price per m² ($600), while Midlands ($450,000) and Mashonaland West ($500,000) sit mid-market. Mashonaland Central is the most affordable at $24,500. These regional differences highlight opportunities from prime urban investments to value buys in less expensive provinces.
Region
Average price
Average price per m²
Bulawayo
$720,000
$177
Harare
$650,000
$600
Manicaland
$380,000
$400
Mashonaland East
$175,000
$325
Mashonaland West
$500,000
$290
Masvingo Province
$399,000
$152
Matabeleland North
$325,000
$370
Midlands Province
$450,000
$450