Commercial Real Estate Market in Gorham, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
10 active listings and 272 off-market properties in Gorham, ME.
Market Trends
Gorham, ME spans 50.6 square miles in Cumberland County, Maine. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Cumberland County, office space asks $206/SF to buy. Office vacancy in Gorham, ME runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Cumberland County, retail space asks $282/SF to buy. Retail vacancy in Gorham, ME runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Gorham, 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%.
Multifamily
Across Cumberland County, multifamily space asks $268/SF to buy. Multifamily vacancy in Gorham, ME runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 52.6%
- Agricultural 35.2%
- Industrial 5.2%
- Commercial 2.2%
- Mixed use 2.1%
Largest Zones share of zoned land by district
No. 25-82 ] To implement the provisions of this Part 1 , the Town of Gorham is hereby divided into the following classes of districts: Urban Residential UR Urban Residential Expansion URExp Suburban Residential SR Rural R Village Centers VC Urban Commercial UC Roadside Commercial RC Industrial I Mosher Corner Mixed Use MCMU Office-Residential OR Narragansett…
Market overview
Demographics & Economy
Gorham, ME has 18,336 residents in 6,527 households. Density runs 362 people per square mile. Median household income here is $110,181 and median gross rent $1,567 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Westbrook | $273 | $15.25 |
| Windham | $236 | — |
| Scarborough | $261 | $16.00 |
Commercial property in Gorham, ME asks $217/SF. The 3 bordering markets run from $236/SF in Windham to $273/SF in Westbrook, and the city sits below their $261/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Gorham?
How does Gorham compare to nearby markets on price?
Where does Realmo's Gorham market data come from?
Methodology & data sources
- Asking prices and medians
- There are 10 active for-sale and 0 active for-lease listings in Gorham, ME. The sale median is based on 9 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 32,800 zoned acres across 20 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
