Commercial Property prices for Sale in Zimbabwe

Historical price trends

Commercial property for sale in Zimbabwe shows a clear recovery: average prices dipped from $250,000 in 2016 to a low of $185,000 in 2019, then rose steadily to $450,000 by 2025 — driven by notable gains from $260,000 (2021) to $320,000 (2022) and $400,000 (2023), signaling renewed investor demand and market strength.

Average price by type of commercial property

By category on the Zimbabwe commercial property market, Hotels & Lodges command the highest average price at $1,000,000 (~$278/m²), Warehouses & Factories average $650,000 ($411/m²), Offices $550,000 ($743/m²) and Shops & Retail $290,000 ($505/m²); offices show the highest price per m² while hotels deliver the top total value — essential intel for commercial real estate investors.

Type

Average price

Average price per m²

Hotels & Lodges

$1,000,000

$278

Offices

$550,000

$743

Shops & Retail Property

$290,000

$505

Warehouses & Factories

$650,000

$411

Average price by region in Zimbabwe

Regional averages for commercial property for sale in Zimbabwe vary widely: Bulawayo $750,000 ($36/m²) suggests large land parcels, Harare $680,000 ($563/m²) reflects urban premium, Manicaland $575,000 ($473/m²), Mashonaland Central the most affordable at $82,500 ($119/m²), Mashonaland East $175,000 ($282/m²), Mashonaland West $450,000 ($290/m²), Masvingo $415,000 ($236/m²), Matabeleland North $345,000 ($165/m²) and Midlands $230,000 ($400/m²) — use these regional dynamics to target investment and development across Zimbabwe.

Region

Average price

Average price per m²

Bulawayo

$750,000

$36

Harare

$680,000

$563

Manicaland

$575,000

$473