Commercial Real Estate Market in Ellsworth, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
56 active listings and 550 off-market properties in Ellsworth, ME. Commercial property asks $94/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Ellsworth, ME spans 265.4 square miles in Hancock County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Ellsworth, 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 Ellsworth, 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 Ellsworth, 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 Ellsworth, 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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 59.7%
- Commercial 6.8%
- Mixed use 6.5%
- Industrial 1.3%
Largest Zones share of zoned land by district
Rural
Drinking Water
Neighborhood
Urban
Commercial
Rural (R)
H. Rural (R). The zone offers a low-density rural area that is primarily for single family-homes, traditional rural occupations, agricultural activities, and forestry. Significant incentives are provided for the creation of cluster developments. I. Drinking Water (DW). The purpose of this zone is to protect the Branch Lake Watershed area from development tha…
Market overview
Demographics & Economy
Ellsworth, ME has 13,651 residents in 9,188 households. Density runs 51 people per square mile. Median household income here is $72,083 and median gross rent $983 a month.
13,651
Population
9,188
Households
1.5
Avg Household Size
47
Median Age
39%
College-Educated
96%
High-School Grad
265.4 sq mi
ZIP Area
51
Density / Sq Mi
$72,083
Median Household Income
$42,262
Median Earnings
$983
Median Rent
$230,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fletchers Landing Township | — | — |
| Hancock | — | — |
| Surry | — | — |
| Trenton | — | — |
Commercial property in Ellsworth, ME asks $94/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ellsworth?
Commercial property in Ellsworth, ME asks an average of $94 per square foot. The 5 most recent recorded sales traded at a median of $155/SF. Multifamily carries the highest asking price at $200/SF.
How much does it cost to lease commercial space in Ellsworth?
Asking lease rates in Ellsworth, ME average $12.00 per square foot per year.
Where does Realmo's Ellsworth market data come from?
Realmo compiles Ellsworth, ME figures from 5 recent recorded sales, 51 active sale listings, 5 active lease listings, 550 tracked off-market properties, the current Ellsworth zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 51 active for-sale and 5 active for-lease listings in Ellsworth, 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: 60,105 zoned acres across 10 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
