Commercial Real Estate Market in Kennebunk, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
17 active listings and 446 off-market properties in Kennebunk, ME.
Market Trends
Kennebunk, ME spans 35.1 square miles in York County, Maine. Figures below refresh monthly; last updated 31 October 2026.
Office
Across York County, office space asks $176/SF to buy. Office vacancy in Kennebunk, ME runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across York County, retail space asks $327/SF to buy. Retail vacancy in Kennebunk, 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 Kennebunk, 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 York County, multifamily space asks $305/SF to buy. Multifamily vacancy in Kennebunk, 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 34.7%
- Agricultural 32.3%
- Civic 16.5%
- Commercial 3.6%
- Industrial 2.9%
- Mixed use 0.2%
Largest Zones share of zoned land by district
The Rural Conservation District includes lands with multiple natural resource constraints or that are especially important for their recreational, scenic, or other resource based opportunities, including farming and woodlands or that are especially important for long term protection of water quality
Market overview
Demographics & Economy
Kennebunk, ME has 11,536 residents in 6,243 households. Density runs 329 people per square mile. Median household income here is $101,204 and median gross rent $1,405 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Wells | $201 | $22.26 |
| Biddeford | $230 | $11.00 |
Commercial property in Kennebunk, ME asks $258/SF. The 2 bordering markets run from $201/SF in Wells to $230/SF in Biddeford, and the city sits above their $215/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Kennebunk?
How does Kennebunk compare to nearby markets on price?
Where does Realmo's Kennebunk market data come from?
Methodology & data sources
- Asking prices and medians
- There are 17 active for-sale and 0 active for-lease listings in Kennebunk, ME. The sale median is based on 13 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: 22,537 zoned acres across 25 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
