Commercial Real Estate Market in Cranberry Isles, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Cranberry Isles, ME spans 2.4 square miles in Hancock County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Cranberry Isles, ME asks $125/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 Cranberry Isles, ME asks $143/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 Cranberry Isles, 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 Cranberry Isles, ME asks $200/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
Market overview
Demographics & Economy
Cranberry Isles, ME has 64 residents in 190 households. Density runs 27 people per square mile. Median household income here is $68,000 and median gross rent $1,125 a month.
64
Population
190
Households
0.3
Avg Household Size
56
Median Age
49%
College-Educated
100%
High-School Grad
2.4 sq mi
ZIP Area
27
Density / Sq Mi
$68,000
Median Household Income
$23,333
Median Earnings
$1,125
Median Rent
$400,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Southwest Harbor | — | — |
| Bass Harbor | — | — |
| Bernard | — | — |
| Frenchboro | — | — |
Methodology & data sources
- 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.
- 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
