Commercial Property prices for Sale in Zimbabwe

Historical price trends

Commercial property for sale in Zimbabwe has shown long-term growth: after a dip to $185,000 in 2019, average prices climbed from $250,000 in 2020 to a market peak of $550,000 in 2026. This upward trend since 2020 reflects rising demand and investor confidence across Zimbabwe's commercial real estate market.

Average price by type of commercial property

By category, Hotels & Lodges are the most expensive commercial property for sale in Zimbabwe with an average price of $980,000 (˜$278/m²), while Shops & Retail are more affordable at $280,000 (˜$500/m²). Offices command the highest price per m² ($829/m²), and warehouses and factories offer mid-market options—use these category averages to target investment and portfolio strategy.

Type

Average price

Average price per m²

Hotels & Lodges

$980,000

$278

Offices

$790,000

$829

Shops & Retail Property

$280,000

$500

Warehouses & Factories

$690,000

$412

Average price by region in Zimbabwe

Regional averages vary sharply: Harare leads at $800,000 average (˜$600/m²) followed by Bulawayo at $700,000, while Mashonaland Central is the most affordable at $75,000 (˜$121/m²). For buyers of commercial property for sale in Zimbabwe, Harare and Bulawayo offer premium urban capacity and liquidity, whereas provinces like Mashonaland Central and Manicaland provide lower entry costs and development potential.

Region

Average price

Average price per m²

Bulawayo

$700,000

$200

Harare

$800,000

$600

Manicaland

$500,000

$299