Friday, 22 August 2025
Commercial property prices in Poland show significant variation depending on location, according to a new study by Dwell Properties. The analysis, based on nearly 1,000 listings, indicates that location, visibility, permitted business activities, and property size are among the key factors shaping values.
The study found that ground-floor high-street premises in central Warsaw, particularly in the Śródmieście district, can reach as much as PLN 35,000 per square meter, while in Bydgoszcz prices begin at around PLN 6,000. Average prices in Warsaw and Gdańsk are between PLN 13,000 and PLN 16,000 per square meter, compared to Kraków and Wrocław at PLN 12,000 to PLN 14,000. Mid-sized cities such as Poznań, Katowice, Szczecin, and Łódź recorded lower averages of PLN 9,000 to PLN 12,000.
The report also examined the difference between completed properties and those under construction. In Warsaw, Gdańsk, and Kraków, units under construction are priced slightly higher than completed ones, suggesting that upcoming projects in central or prestigious areas carry a premium. Conversely, in Wrocław and Łódź, completed units are more expensive, indicating that new supply is more often being developed on the outskirts at lower prices.
Location within the city remains the primary driver of value. In Warsaw, premises in Śródmieście command median prices of PLN 35,000 per square meter, compared with PLN 13,000–15,000 in outer districts. Gdańsk’s central properties range from PLN 12,000 to PLN 36,000, while the most exposed retail streets in Warsaw and Kraków can reach above PLN 50,000.
Visibility also plays a role: premises on street corners with double-sided display windows achieved around 3% higher prices than standard units. Properties suitable for catering businesses, with ventilation and required permits, were valued on average 10–15% higher than other commercial premises.
Proximity to major transport routes was another factor, with units on main thoroughfares priced 5–10% higher per square meter than those on smaller residential streets. The analysis also showed a negative correlation between size and unit price: smaller premises of 30–50 sqm tend to be more expensive per square meter than larger units, which are harder to lease to single tenants.
Rental trends mirror sales prices. Prime city-center locations in Warsaw can command rents of PLN 100–150 per square meter monthly, compared to PLN 20–50 in suburban areas.
According to Dwell Properties, these findings highlight the importance of location, exposure, and permitted uses in determining commercial property values, while also underlining the disparities between Poland’s largest cities and regional markets.
Photo: Marcin Kubik, CEO – Dwell Properties
