Commercial Real Estate Market in Auburn, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
73 active listings and 821 off-market properties in Auburn, ME. Commercial property asks $52/SF to buy and $14.49/SF/Yr to lease.
Market Trends
Auburn, ME spans 59.3 square miles in Androscoggin County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Auburn, ME asks $113/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 Auburn, ME asks $134/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 Auburn, 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 Auburn, ME asks $147/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
- Agricultural 52.1%
- Residential 19.6%
- Industrial 8.6%
- Commercial 7.7%
- Planned_development 6.5%
- Civic 5.5%
Largest Zones share of zoned land by district
Agriculture And Resource Protection
Rural Residential
Industrial
Low Density Country Residential
Traditional Neighborhood Development District
Agriculture And Resource Protection (AG)
The City of Auburn is hereby divided into zoning districts designated as follows and more fully described on the official Zoning Map. District Title Classification Short Title Agriculture & Resource Protection Resource AG Low Density Country Residential Resource/ LDCR R e s i d e n t i a l Rural Residence Residential RR Suburban Residence Residential SR Urba…
Market overview
Demographics & Economy
Auburn, ME has 24,061 residents in 11,113 households. Density runs 405 people per square mile. Median household income here is $66,552 and median gross rent $983 a month.
24,061
Population
11,113
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
59.3 sq mi
ZIP Area
405
Density / Sq Mi
$66,552
Median Household Income
$42,624
Median Earnings
$983
Median Rent
$254,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lewiston | — | $19.31 |
| Minot | — | — |
| Sabattus | — | — |
| Greene | — | — |
Commercial property in Auburn, ME asks $52/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Auburn?
Commercial property in Auburn, ME asks an average of $52 per square foot. The 4 most recent recorded sales traded at a median of $151/SF. Multifamily carries the highest asking price at $147/SF.
How much does it cost to lease commercial space in Auburn?
Asking lease rates in Auburn, ME average $14.49 per square foot per year.
Where does Realmo's Auburn market data come from?
Realmo compiles Auburn, ME figures from 5 recent recorded sales, 61 active sale listings, 12 active lease listings, 821 tracked off-market properties, the current Auburn zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 61 active for-sale and 12 active for-lease listings in Auburn, 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: 39,210 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
