Commercial Property prices for Sale in Harare

Historical price trends

Commercial property for sale in Harare has shown strong recovery and growth since the 2019 trough of $230,000: average prices rose to $310,000 in 2021, climbed to $495,000 in 2023 and reached $550,000 in 2024, holding at $550,000 in 2025. The line chart highlights post-2019 momentum and improving investor confidence in Harare commercial real estate.

Average price by type of commercial property

Within Harare commercial property, Hotels & Lodges top the list with an average price of $1,200,000, followed by Warehouses & Factories at $800,000, Shops & Retail at $600,000 and Offices at $580,000. Shops command the highest average price per m² (~$925/m²), making retail a premium, high-yield segment for investors searching commercial property for sale in Harare.

Type

Average price

Average price per m²

Hotels & Lodges

$1,200,000

$467

Offices

$580,000

$800

Shops & Retail Property

$600,000

$925

Warehouses & Factories

$800,000

$500

Average price by region in Harare

Location premiums are clear: Harare North ($990,000) and Harare CBD ($980,000) lead the market, with the CBD posting the highest average price per m² (~$1,217/m²), followed by Harare North (~$1,100/m²). Harare South ($700,000) and East ($565,000) offer solid mid-market opportunities, while Harare West ($450,000) and High Density ($213,000) provide lower-cost entry points for commercial property investors in Harare, Zimbabwe.

Region

Average price

Average price per m²

Harare CBD

$980,000

$1,217

Harare East

$565,000

$600

Harare High Density

$213,000

$440