Commercial Property prices for Sale in Harare

Historical price trends

Commercial property for sale in Harare, Zimbabwe has shown an overall upward trend from $300,000 in 2015 to a peak of $550,000 in 2024. After modest declines in 2016–2017 and a low in 2019 ($230,000), values recovered strongly from 2020 onward, with consistent growth through 2024—an 83% increase vs 2015—signalling renewed investor confidence in Harare commercial real estate.

Average price by type of commercial property

Across commercial property types in Harare, Hotels & Lodges top the market with an average price of $1,200,000, followed by Warehouses & Factories at $972,500, Offices at $620,000 and Shops at $300,000. Offices command the highest average price per m² ($929/m²), highlighting strong demand for prime business space—useful insight for buyers and investors searching for commercial property for sale in Harare.

Type

Average price

Average price per m²

Hotels & Lodges

$1,200,000

$439

Offices

$620,000

$929

Shops & Retail Property

$300,000

$808

Warehouses & Factories

$972,500

$489

Average price by region in Harare

Location premiums are clear across Harare: Harare North leads with an average price of $1,050,000 and $1,167/m², while Harare High Density is the most affordable at $180,000 ($478/m²). Harare CBD averages $700,000 ($1,022/m²) with Harare South $750,000, East $650,000 and West $450,000—key data for targeting investment or occupier searches in Harare commercial property for sale.

Region

Average price

Average price per m²

Harare CBD

$700,000

$1,022

Harare East

$650,000

$506

Harare High Density

$180,000

$478