Commercial Real Estate Market in Fayette, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 6 off-market properties in Fayette, ME.
Market Trends
Fayette, ME spans 29.2 square miles in Kennebec County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Fayette, ME asks $95/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 Fayette, ME asks $127/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 Fayette, 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 Fayette, ME asks $118/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
- Commercial 80%
- Civic 4.1%
Largest Zones share of zoned land by district
Rural
Lakefront
Wetland Mix Types
Village District
Resource Protection
Fayette, ME zones 18,993 acres across 7 districts. Commercial zoning covers 80% of zoned land. The largest single district is Rural at 80%. For commercial buyers the practical constraint is that only 80% of land carries a commercial or industrial designation.
Rural (R)
R. RURAL DESIGN AND LANDSCAPE STANDARDS FOR PUBLIC SCENERY Each subdivision proposal shall include a landscape or scenic preservation plan which shows how the lots, building sites, structures and roads preserve the existing rural character of the community. The plan shall incorporate the following standards into the overall development of the subdivision: 1.…
Market overview
Demographics & Economy
Fayette, ME has 1,160 residents in 867 households. Density runs 40 people per square mile. Median household income here is $56,250 and median gross rent $992 a month.
1,160
Population
867
Households
1.3
Avg Household Size
53
Median Age
43%
College-Educated
96%
High-School Grad
29.2 sq mi
ZIP Area
40
Density / Sq Mi
$56,250
Median Household Income
$43,558
Median Earnings
$992
Median Rent
$265,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mount Vernon | — | — |
| Wayne | — | — |
| Livermore Falls | — | — |
| Readfield | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Fayette?
Fayette, ME zones 18,993 acres across 7 districts, of which 80% is commercial and 0% industrial. The largest single district is Rural at 80% of zoned land. R. RURAL DESIGN AND LANDSCAPE STANDARDS FOR PUBLIC SCENERY Each subdivision proposal shall include a landscape or scenic preservation plan which shows how the lots, building sites, structures and roads preserve the existing rural character of the community. The plan shall incorporate the following standards into the overall development of the subdivision: 1.… Residential zoning covers 0% and open space 0%.
Where does Realmo's Fayette market data come from?
Realmo compiles Fayette, ME figures from 1 active sale listings, 6 tracked off-market properties, the current Fayette zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Fayette, 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: 18,993 zoned acres across 7 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
