Commercial Real Estate Market in Glenburn, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 64 off-market properties in Glenburn, ME.
Market Trends
Glenburn, ME spans 100.1 square miles in Penobscot County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Glenburn, ME asks $133/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 Glenburn, ME asks $76/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 Glenburn, 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 Glenburn, ME asks $174/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 79.7%
- Open space 9.1%
- Residential 8.1%
- Civic 1.5%
- Industrial 1.1%
- Agricultural 0.5%
Largest Zones share of zoned land by district
Rural District
Resource Protection
Limited Residential
Residential And Commercial
Village District
Glenburn, ME zones 17,236 acres across 8 districts. Commercial zoning covers 79.7% of zoned land, residential 8.1%, open space 9.1% and industrial 1.1%. The largest single district is Rural District at 76.2%. For commercial buyers the practical constraint is that only 80.8% of land carries a commercial or industrial designation.
Residential And Commercial (R-C)
The purpose of RCD is to provide developable land which is accessible to transportation corridors and to accommodate retail, warehousing, wholesale, service related businesses and residential uses in order to provide an area within the community for both residential and business development
Market overview
Demographics & Economy
Glenburn, ME has 44,608 residents in 20,932 households. Density runs 446 people per square mile. Median household income here is $66,136 and median gross rent $1,048 a month.
44,608
Population
20,932
Households
2.1
Avg Household Size
40
Median Age
37%
College-Educated
96%
High-School Grad
100.1 sq mi
ZIP Area
446
Density / Sq Mi
$66,136
Median Household Income
$40,863
Median Earnings
$1,048
Median Rent
$229,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kenduskeag | — | — |
| Levant | — | — |
| Hudson | — | — |
| Hermon | — | — |
Commercial property in Glenburn, ME asks $12/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Glenburn?
Commercial property in Glenburn, ME asks an average of $12 per square foot. Multifamily carries the highest asking price at $174/SF.
What zoning applies to commercial property in Glenburn?
Glenburn, ME zones 17,236 acres across 8 districts, of which 79.7% is commercial and 1.1% industrial. The largest single district is Rural District at 76.2% of zoned land. Residential zoning covers 8.1% and open space 9.1%.
Where does Realmo's Glenburn market data come from?
Realmo compiles Glenburn, ME figures from 4 recent recorded sales, 14 active sale listings, 64 tracked off-market properties, the current Glenburn zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 0 active for-lease listings in Glenburn, 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: 17,236 zoned acres across 8 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
