Commercial Real Estate Market in Boothbay, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
8 active listings and 26 off-market properties in Boothbay, ME.
Market Trends
Boothbay, ME spans 16.1 square miles in Lincoln County, Maine. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Boothbay, ME runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Lincoln County, retail space asks $315/SF to buy. Retail vacancy in Boothbay, ME runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Boothbay, 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%.
Multifamily
Across Lincoln County, multifamily space asks $295/SF to buy. Multifamily vacancy in Boothbay, ME runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 72.7%
- Mixed use 15.9%
- Commercial 7.2%
- Industrial 1%
Largest Zones share of zoned land by district
Boothbay, ME zones 20,520 acres across 13 districts. Commercial zoning covers 7.2% of zoned land, residential 72.7% and industrial 1%. The largest single district is Coastal Residential District at 45.1%. For commercial buyers the practical constraint is that only 8.2% of land carries a commercial or industrial designation.
The Coastal Residential District is intended to be an interim land use control that allows limited development in coastal areas until the Town is able to undertake and complete a detailed groundwater study to better understand the capability of these areas to support additional building without adversely impacting both the quality and quantity of the groundw…
Market overview
Demographics & Economy
Boothbay, ME has 2,000 residents in 1,305 households. Density runs 124 people per square mile. Median household income here is $57,476.
Tools
Nearby Markets
Commercial property in Boothbay, ME asks $234/SF. The 2 bordering markets run from $192/SF in Bath to $284/SF in Edgecomb, and the city sits in line with their $238/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Boothbay?
How does Boothbay compare to nearby markets on price?
What zoning applies to commercial property in Boothbay?
Where does Realmo's Boothbay market data come from?
Methodology & data sources
- Asking prices and medians
- There are 8 active for-sale and 0 active for-lease listings in Boothbay, ME. The sale median is based on 8 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 20,520 zoned acres across 13 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
