Commercial Real Estate Market in Alfred, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 8 off-market properties in Alfred, ME.
Market Trends
Alfred, ME spans 66.3 square miles in York County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Alfred, ME asks $168/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Alfred, ME asks $291/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Alfred, ME runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Alfred, ME asks $272/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 32.2%
- Residential 20.1%
- Open space 17.1%
- Civic 7.3%
- Special 6%
- Industrial 2.1%
Largest Zones share of zoned land by district
Rural Residential District
Critical Rural District
Resource Protection District Forested Wetlands Shoreland Zoning
Resource Protection District Massabesic Forest Shoreland Zoning
Village District
Alfred, ME zones 17,812 acres across 17 districts. Commercial zoning covers 32.2% of zoned land, residential 20.1%, open space 17.1% and industrial 2.1%. The largest single district is Rural Residential District at 32.2%. For commercial buyers the practical constraint is that only 34.2% of land carries a commercial or industrial designation.
Rural Residential District (RR)
The purpose of the Rural Residential District is to provide an area for a variety of low-density residential and appropriate home-based businesses, as well as agriculture and forestry. The Rural Residential District designation will help to retain the existing rural character of this part of Town by encouraging open space preservation.
Market overview
Demographics & Economy
Alfred, ME has 7,589 residents in 3,684 households. Density runs 115 people per square mile. Median household income here is $77,853 and median gross rent $784 a month.
7,589
Population
3,684
Households
2.1
Avg Household Size
48
Median Age
23%
College-Educated
93%
High-School Grad
66.3 sq mi
ZIP Area
115
Density / Sq Mi
$77,853
Median Household Income
$40,201
Median Earnings
$784
Median Rent
$321,100
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Alfred?
Alfred, ME zones 17,812 acres across 17 districts, of which 32.2% is commercial and 2.1% industrial. The largest single district is Rural Residential District at 32.2% of zoned land. The purpose of the Rural Residential District is to provide an area for a variety of low-density residential and appropriate home-based businesses, as well as agriculture and forestry. The Rural Residential District designation will help to retain the existing rural character of this part of Town by encouraging open space preservation. Residential zoning covers 20.1% and open space 17.1%.
Where does Realmo's Alfred market data come from?
Realmo compiles Alfred, ME figures from 6 active sale listings, 8 tracked off-market properties, the current Alfred zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Alfred, ME. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 17,812 zoned acres across 17 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
