Commercial Property prices for sale in Harare CBD

The average price of commercial property for sale in Harare CBD is $600,000

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Historical price trends

Harare CBD commercial property prices (2015–2024) show significant volatility: averages dropped from $775,000 in 2015 to a 2019 low of $220,000, then recovered through 2020–2023 to a peak of $845,000 before moderating to $665,000 in 2024. This decade-long pattern highlights rapid market swings and a post-2019 recovery—key context for investors, developers and brokers tracking Harare CBD commercial real estate in Zimbabwe.

Average price by type of commercial property

Average prices by commercial type in Harare CBD: Offices are the most affordable at $450,000 (˜ $1,200/m²); Hotels & Lodges average $1,350,000 ($1,700/m²); Shops & Retail average $1,500,000 and command the highest price per m² ($2,050/m²); Warehouses & Factories show the highest average sale price at $1,800,000 ($1,800/m²). Use these benchmarks to price listings and evaluate investment opportunities in Harare CBD commercial property.
Type
Average price
Average price per m²
Hotels & Lodges
$1,350,000
$1,700
Offices
$450,000
$1,200
Shops & Retail Property
$1,500,000
$2,050
Warehouses & Factories
$1,800,000
$1,800