Commercial Real Estate Market in Maine
Maine has 2,375 active for-sale listings and 240 active for-lease listings. Statewide, the median asking price is $156/SF and the median asking rent is $16.95/SF/Yr as of November 2026. Realmo tracks 73 city markets here; among the 32 with enough listings to rank, median asking prices range from $58/SF in Millinocket to $432/SF in Old Orchard Beach.
- Median asking price
- $156/SF
- Median asking rent
- $16.95/SF/Yr
- For-sale listings
- 2,375
- For-lease listings
- 240
- City markets
- 73
Highest- and Lowest-Priced Markets
Asking prices vary across Maine: the median in Old Orchard Beach is $432/SF, 7.5x the $58/SF median in Millinocket. The figures below are median asking prices from live listings, not closed sales.
Asking Prices
The highest median asking prices are in Old Orchard Beach at $432/SF, York at $288/SF and Portland at $279/SF. The lowest median asking prices are in Millinocket at $58/SF, Mexico at $89/SF and Calais at $109/SF. 15 of 32 ranked markets have median asking prices above the statewide $156/SF.
Commercial Real Estate Markets in Maine
Realmo tracks 73 city markets in Maine; the 40 with the most active listings are listed below. Portland leads with 246 active listings, followed by Lewiston and Bangor.
| City | Active Listings | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|---|
| Portland | 246 | $279 | $18.00 |
| Lewiston | 138 | $123 | — |
| Bangor | 102 | $129 | — |
| Augusta | 81 | $130 | — |
| Auburn | 63 | $152 | — |
| Biddeford | 61 | $230 | — |
| Waterville | 56 | $123 | — |
| Rockland | 55 | $149 | — |
| Sanford | 48 | $150 | — |
| South Portland | 46 | $238 | $17.00 |
| Westbrook | 38 | $273 | — |
| York | 32 | $288 | — |
| Scarborough | 31 | $261 | — |
| Wells | 30 | $201 | — |
| Saco | 27 | $244 | — |
| Brewer | 24 | $137 | — |
| Mexico | 24 | $89 | — |
| Brunswick | 22 | $252 | — |
| Bucksport | 22 | $134 | — |
| Old Orchard Beach | 22 | $432 | — |
| Calais | 20 | $109 | — |
| Freeport | 20 | — | — |
| Farmington | 19 | $131 | — |
| Windham | 19 | $236 | — |
| Bridgton | 18 | $175 | — |
| Kennebunk | 17 | $258 | — |
| Camden | 16 | $253 | — |
| Kittery | 16 | — | — |
| Millinocket | 16 | $58 | — |
| Rockport | 16 | $274 | — |
| Fairfield | 15 | $135 | — |
| Winslow | 15 | $140 | — |
| Winterport | 14 | $117 | — |
| Ogunquit | 12 | $552 | — |
| Thomaston | 12 | — | — |
| Bath | 10 | — | — |
| Clinton | 10 | $113 | — |
| Eliot | 10 | — | — |
| Gorham | 10 | — | — |
| Warren | 10 | — | — |
Same method as the statewide figures. A dash means fewer than 10 listings with a usable price.
Frequently Asked Questions
What is the median price per square foot for commercial property in Maine?
How much does it cost to lease commercial space in Maine?
Which cities have the highest and lowest commercial property prices?
Which markets in Maine have the most active listings?
Where does Realmo's market data come from?
Methodology and Data Sources
- Listing coverage
- Asking figures come from 2,375 active for-sale and 240 active for-lease listings across Maine in Realmo's public listing index. They are asking prices, not closed-transaction prices. Sale and lease counts are separate and may overlap. Land listings are not counted. The medians are based on the 2,132 for-sale and 107 for-lease listings that state a price or rent per square foot.
- Asking prices and rents
- Prices are medians of each listing's asking price per square foot, so a few very high or very low listings do not skew them. Data-entry errors are left out, and a median is published only with at least 10 listings with a usable price. A listing with a price range can contribute both endpoints.
- Neighboring states
- Neighboring-state comparisons use the same method and the same snapshot for every state, plus the United States as a reference.
- City markets
- The city list includes cities with more than 3 active listings whose market page has enough data to publish, ordered by active listings, up to 40. The price ranking covers cities with at least 10 priced listings for each metric and leaves out a city more than three times above or below the statewide median. City counts and prices use the same method as the statewide figures, so the table compares like with like; a city's own market page uses its own method, so its figures can differ.
- Updates
- Statewide and neighboring-state figures refresh hourly and city figures daily. Last updated 6 November 2026.
