Commercial building construction costs can range from $80 to $375 per square foot, with a small office warehouse costing around $45,000 and a big box store costing upwards of $1MM.
The final price will depend on design complexity, intended end use, level of finishing, and the geographical location of the building.
* square foot estimates are for the building shell, foundation, and construction, excluding interior build-out
Last updated: 28 May 2024
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The cost of constructing a commercial building can vary significantly due to many factors. This introductory article explores the key reasons behind this variability. From location and site conditions to building size and complexity, we delve into the diverse elements that impact the overall expenses.
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The table below shows how the choice of materials and the construction method can significantly impact the cost of a new commercial building. These estimates include the cost of materials, construction, and foundation.
Here are some average commercial construction costs per square foot for the most popular construction methods.
| Construction | Material cost | Build cost | Finishing cost | TOTAL |
| Metal Stud Frame | $25 - $35 | $8 - $16 | $50 - $250 | $80 - $300/sq ft |
| PEMB * | $20 - $35 | $5 - $10 | $50 - $250 | $75 - $295/sq ft |
| Structural Steel | $45 - $60 | $10 - $20 | $50 - $250 | $105 - $330/sq ft |
| Tilt-Up | $40 - 55 | $50 - $70 | $50 - $250 | $140 - $375/sq ft |
* pre-engineered metal building
The cost per square foot for a commercial building can vary greatly depending on the level of finish required, the building's location, and a number of other factors, but here are some rough estimates for popular applications.
For simplicity, we will focus on the pre-engineered metal building method of construction, as this is one of the fastest and most economical methods for low-rise construction.
| Building type | Size | Approx. cost |
| Small Office building | 5,000 square feet | $500,000 - $750,000 |
| Small Industrial Building | 10,000 square feet | $900,000 - $1,300,000 |
| Retail Car Dealership | 20,000 square feet | $2,400,000 - $3,000,000 |
| Small Retail Box Store | 50,000 square feet | $3,500,000 - $5,500,000 |
| Large Retail Box Store | 150,000 square feet | $10,000,000 - $13,000,000 |
| Government Admin Office | 20,000 square feet | $5,000,000 - $7,000,000 |
| Medical Office Building | 30,000 square feet | $9,000,000 - $13,500,000 |
Commercial office warehouse building
Choosing a metal building offers many benefits, making it an attractive option for various commercial applications. This section explores the advantages of pre-engineered metal buildings, including their exceptional durability, resistance to fire and pests, energy efficiency, and design flexibility.
Reduced construction time & build cost
Pre-engineered components equate to 40% shorter construction times. Construction times for metal framed buildings are measured in weeks rather than months will adequate planning.
Reduced time to occupancy
Due to fast and efficient construction, your time to occupancy is also greatly reduced.
Long warranties
PEMB buildings come with a minimum 25-year paint & 35-year structural warranties and require virtually no maintenance.
Energy efficient
Save on heating & cooling costs. With the correct insulation, metal frame commercial buildings can be designed to be extremely energy efficient.
Inexpensive & easy to expand
Commercial structures can be expanded at a later date with minimal cost and disruption. If you think you need to expand your building in the future, be sure to request' expandable end walls'.
Environmentally responsible
Built with recycled materials and constructed with minimal waste metal, buildings are an environmentally responsible choice.
Insurance advantages
Because metal is fire-resistant, you can save up to 40% on insurance premiums.
Attractive finishing options
PEMBs can be finished in various materials to suit your corporate identity.
Large prefab warehouse
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