Palmyra, ME Commercial Real Estate for Sale

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Main Street Commercial Land
Updated: Dec 8, 2025
Main Street Commercial Land

M5, L87-1 Main Street, Palmyra, ME 04965

$279,000
Approximately 4.65 acres of commercial land
Main Street location in Palmyra, ME 04965
Just over a mile from an I‑95 exit
Surrounded by established businesses, restaurants, and shopping destinations
Commercial use concepts include retail, offices, restaurants, or a multi‑unit strip center
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Commercial Land with Build-to-Suit Option
Updated: Oct 17, 2025
Commercial Land with Build-to-Suit Option

1 Main Street, Palmyra, ME 04965

$279,000
202,554 sqft
4.65± acres of commercial land
Commercial zoning
Main Street frontage in Palmyra, ME
Just over 1 mile from the I‑95 exit
Seller willing to build to suit
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Commercial Land with Build-to-Suit Option
Commercial Land with Build-to-Suit Option

M5,L87-1 Main Street, Palmyra, ME 04965

$279,000

Commercial site offering flexibility for retail, office, restaurant, or multi-unit strip-center development.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 3 Active listings in Palmyra, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

49 Main Street, Hartland, ME 04943

$110,000
3,500 sqft 0.25 AC lot

Mixed-use building with adaptable commercial space, two residential units, and public water and sewer service.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

49 Main St, Hartland, ME 04943

$110,000
3,500 sqft

Commercial space and two rental apartments create a flexible mixed-use configuration near Great Moose Lake and Route 2.

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Commercial Land with Garage
Commercial Land with Garage

459 Hartland Avenue, Pittsfield, ME 04967

$85,000
1,976 sqft 2.00 AC lot

C-4 zoning, public water, and an existing garage structure create a flexible commercial property configuration.

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Commercial Land with Garage
Commercial Land with Garage

459 Hartland Ave, Pittsfield, ME 04967

$85,000
1,976 sqft

Commercial land with an existing garage structure, concrete slab, paved parking, and utility service at the property.

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Off-Market Properties in Palmyra, ME

Consider similar Off-Market properties in Palmyra, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

125 Gray Rd
FINANCIAL BUILDING

125 Gray Rd, Palmyra, ME 04965-3048

Estimated value:
$535,000
13.97 AC lot
View details
151 Hope Rd
FINANCIAL BUILDING

151 Hope Rd, Palmyra, ME 04965-3001

Estimated value:
$60,000
2.00 AC lot
View details
367 Saint Albans Rd
VACANT COMMERCIAL LAND

367 Saint Albans Rd, Palmyra, ME 04965-3632

Estimated value:
$250,000
5.28 AC lot
View details
159 Pittsfield Ave
FINANCIAL BUILDING

159 Pittsfield Ave, Palmyra, ME 04965

Estimated value:
$255,000
0.19 AC lot
View details
328 Main St
FINANCIAL BUILDING

328 Main St, Palmyra, ME 04965-4026

Estimated value:
$250,000
5.31 AC lot
View details
530 Oxbow Rd
Restaurants

530 Oxbow Rd, Palmyra, ME 04965

Estimated value: by Request
3,250 sqft 0.70 AC lot
View details
20 Estes Ave
Commercial real estate

20 Estes Ave, Palmyra, ME 04965

Estimated value: by Request
2,640 sqft 3.30 AC lot
View details
1109 Main St
FINANCIAL BUILDING

1109 Main St, Palmyra, ME 04965-3036

Estimated value:
$255,000
2.10 AC lot
View details

Palmyra, ME Commercial Real Estate Market Trends and Statistics

Explore 11 commercial real estate for sale in Palmyra, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 202,554 square feet of properties for sale, with an estimated market value of $837,000.

Sale prices for business properties in Palmyra, ME average $279,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,150
Population Growth (5Y) +4.0%
Median Household Income $49,261
College Educated 23.7%

High-Yield Neighborhoods for Investment

Identify Palmyra submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04965 $279K

Taxes & Financing

Tax Rate (average for all types) 1.10%
Tax Rate vs County Average 0.66 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Somerset County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Retail pricing trends in Somerset County

Retail

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