Commercial Real Estate Market in Gardiner, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
25 active listings and 227 off-market properties in Gardiner, ME. Commercial property asks $102/SF to buy and $12.50/SF/Yr to lease.
Market Trends
Gardiner, ME spans 71.7 square miles in Kennebec County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Gardiner, 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 Gardiner, 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 Gardiner, 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 Gardiner, 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 55.9%
- Civic 18.4%
- Planned_development 9.3%
- Industrial 4.2%
- Mixed use 4%
- Special 2.8%
Largest Zones share of zoned land by district
Rural
High Density Residential
Residential Growth
Planned Development
Resource Protection
Rural (R)
SD = Subdivision Review Legend The legend at the top of the columns identifies the various zoning districts as follows: RP Resource Protection SLR Shoreland Overlay Limited Residential SL Shoreland RG Residential Growth R Rural HDR High Density Residential PR Professional/Residential TD Traditional Downtown PIC Planned Industrial/Commercial PD Planned Develo…
Market overview
Demographics & Economy
Gardiner, ME has 12,052 residents in 5,562 households. Density runs 168 people per square mile. Median household income here is $68,844 and median gross rent $956 a month.
12,052
Population
5,562
Households
2.2
Avg Household Size
43
Median Age
29%
College-Educated
97%
High-School Grad
71.7 sq mi
ZIP Area
168
Density / Sq Mi
$68,844
Median Household Income
$42,559
Median Earnings
$956
Median Rent
$208,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Randolph | — | — |
| Farmingdale | — | — |
| Chelsea | — | — |
| Hallowell | — | — |
Commercial property in Gardiner, ME asks $102/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gardiner?
Commercial property in Gardiner, ME asks an average of $102 per square foot. The 6 most recent recorded sales traded at a median of $93/SF, so asking sits 9% above the achieved median. Retail carries the highest asking price at $127/SF.
How much does it cost to lease commercial space in Gardiner?
Asking lease rates in Gardiner, ME average $12.50 per square foot per year.
Where does Realmo's Gardiner market data come from?
Realmo compiles Gardiner, ME figures from 7 recent recorded sales, 23 active sale listings, 2 active lease listings, 227 tracked off-market properties, the current Gardiner zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 23 active for-sale and 2 active for-lease listings in Gardiner, 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: 9,954 zoned acres across 22 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
