Commercial Real Estate Market in Caribou, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
36 active listings and 29 off-market properties in Caribou, ME.
Market Trends
Caribou, ME spans 157.3 square miles in Aroostook County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Caribou, ME asks $49/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 Caribou, ME asks $62/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 Caribou, 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 Caribou, ME asks $52/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
- Mixed use 92.7%
- Commercial 5.9%
- Residential 1.1%
- Civic 0.2%
Largest Zones share of zoned land by district
Rural Mixed Uses
Industry
Residential Single Family
Residential Mixed Housing
Rural Commercial
Residential Single Family (R-1)
Dimensional Requirements Minimum Setback Dimensions Zoning District Minimum Lot Size Minimum Lot Frontage Maximum Lot Coverage Principal and Accessory Structures Front (from ROW) Side (Each) Rear Maximum Height R-1 Single Family Dwelling: 9,000 SF Two Family Dwelling 10,500 SF Other Allowed Use: 12,000 SF Single Family Dwelling: 85' Two Family Dwelling: 95'…
Market overview
Demographics & Economy
Caribou, ME has 9,033 residents in 4,719 households. Density runs 57 people per square mile. Median household income here is $56,189 and median gross rent $696 a month.
9,033
Population
4,719
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
93%
High-School Grad
157.3 sq mi
ZIP Area
57
Density / Sq Mi
$56,189
Median Household Income
$42,840
Median Earnings
$696
Median Rent
$125,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Connor Twp | — | — |
| Connor Township | — | — |
| Woodland | — | — |
| New Sweden | — | — |
Commercial property in Caribou, ME asks $1/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Caribou?
Commercial property in Caribou, ME asks an average of $1 per square foot. Retail carries the highest asking price at $62/SF.
Where does Realmo's Caribou market data come from?
Realmo compiles Caribou, ME figures from 36 active sale listings, 29 tracked off-market properties, the current Caribou zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 36 active for-sale and 0 active for-lease listings in Caribou, 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: 51,460 zoned acres across 9 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
