Commercial Real Estate Market in Cumberland, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
13 active listings and 95 off-market properties in Cumberland, ME.
Market Trends
Cumberland, ME spans 20.5 square miles in Cumberland County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Cumberland, ME asks $235/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 Cumberland, ME asks $252/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 Cumberland, 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 Cumberland, ME asks $266/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
- Residential 86.1%
- Civic 6.5%
- Commercial 4.7%
- Industrial 1.9%
- Mixed use 0.9%
Largest Zones share of zoned land by district
Rural Residential 2
Rural Residential 1
Low Density Residential
Medium Density Residential
Rural Industrial
Cumberland, ME zones 14,060 acres across 17 districts. Commercial zoning covers 4.7% of zoned land, residential 86.1% and industrial 1.9%. The largest single district is Rural Residential 2 at 49.8%. For commercial buyers the practical constraint is that only 6.6% of land carries a commercial or industrial designation.
Rural Residential 2 (RR2)
The following uses are allowed as special exceptions in the RR2 District, requiring the approval of the Board of Adjustment and Appeals: (a) Home occupations. (b) Home-based occupations. (c) Temporary sawmills, subject to the provisions of § 315-66 . (d) Uses and buildings accessory to those above. (3) The following lot standards apply in the RR2 District: (…
Market overview
Demographics & Economy
Cumberland, ME has 6,729 residents in 2,428 households. Density runs 327 people per square mile. Median household income here is $145,833.
6,729
Population
2,428
Households
2.8
Avg Household Size
42
Median Age
70%
College-Educated
99%
High-School Grad
20.5 sq mi
ZIP Area
327
Density / Sq Mi
$145,833
Median Household Income
$70,304
Median Earnings
$0
Median Rent
$506,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| North Yarmouth | — | — |
| Yarmouth | — | — |
| Falmouth | — | — |
| Gray | — | — |
Commercial property in Cumberland, ME asks $62/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cumberland?
Commercial property in Cumberland, ME asks an average of $62 per square foot. The 3 most recent recorded sales traded at a median of $469/SF. Multifamily carries the highest asking price at $266/SF.
What zoning applies to commercial property in Cumberland?
Cumberland, ME zones 14,060 acres across 17 districts, of which 4.7% is commercial and 1.9% industrial. The largest single district is Rural Residential 2 at 49.8% of zoned land. The following uses are allowed as special exceptions in the RR2 District, requiring the approval of the Board of Adjustment and Appeals: (a) Home occupations. (b) Home-based occupations. (c) Temporary sawmills, subject to the provisions of § 315-66 . (d) Uses and buildings accessory to those above. (3) The following lot standards apply in the RR2 District: (… Residential zoning covers 86.1% and open space 0%.
Where does Realmo's Cumberland market data come from?
Realmo compiles Cumberland, ME figures from 5 recent recorded sales, 13 active sale listings, 95 tracked off-market properties, the current Cumberland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 0 active for-lease listings in Cumberland, 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: 14,060 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
