Commercial Real Estate Market in Lewiston, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
122 active listings and 1,334 off-market properties in Lewiston, ME. Commercial property asks $64/SF to buy and $19.31/SF/Yr to lease.
Market Trends
Lewiston, ME spans 34.1 square miles in Androscoggin County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Lewiston, ME asks $113/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 Lewiston, ME asks $134/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 Lewiston, 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 Lewiston, ME asks $147/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
- Residential 72.1%
- Commercial 10.1%
- Industrial 5.9%
- Open space 5%
- Mixed use 4.9%
- Civic 2%
Largest Zones share of zoned land by district
Rural Agricultural District
Low Density Residential District
Neighborhood Conservation A District
Highway Business District
Suburban Residential District
Lewiston, ME zones 22,089 acres across 17 districts. Commercial zoning covers 10.1% of zoned land, residential 72.1%, open space 5% and industrial 5.9%. The largest single district is Rural Agricultural District at 34.1%. For commercial buyers the practical constraint is that only 16% of land carries a commercial or industrial designation.
Low Density Residential District (LDR)
Residential (LDR), Suburban Residential (SR) and Medium Density Residential APPENDIX A - ZONING AND LAND USE CODE ARTICLE II. DEFINITIONS Lewiston Code A II:23 (MDR) Districts shall be limited to properties containing a minimum of one (1) acre in size. 7. Nursery schools in the Neighborhood Conservation “A” (NCA), Low Density Residential (LDR), Suburban Resi…
Market overview
Demographics & Economy
Lewiston, ME has 37,121 residents in 16,852 households. Density runs 1,087 people per square mile. Median household income here is $56,558 and median gross rent $954 a month.
37,121
Population
16,852
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
34.1 sq mi
ZIP Area
1,087
Density / Sq Mi
$56,558
Median Household Income
$36,734
Median Earnings
$954
Median Rent
$214,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Auburn | — | $14.49 |
| Minot | — | — |
| Sabattus | — | — |
| Greene | — | — |
Commercial property in Lewiston, ME asks $64/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lewiston?
Commercial property in Lewiston, ME asks an average of $64 per square foot. The 6 most recent recorded sales traded at a median of $99/SF. Multifamily carries the highest asking price at $147/SF.
How much does it cost to lease commercial space in Lewiston?
Asking lease rates in Lewiston, ME average $19.31 per square foot per year.
What zoning applies to commercial property in Lewiston?
Lewiston, ME zones 22,089 acres across 17 districts, of which 10.1% is commercial and 5.9% industrial. The largest single district is Rural Agricultural District at 34.1% of zoned land. Residential zoning covers 72.1% and open space 5%.
Where does Realmo's Lewiston market data come from?
Realmo compiles Lewiston, ME figures from 8 recent recorded sales, 105 active sale listings, 17 active lease listings, 1,334 tracked off-market properties, the current Lewiston zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 105 active for-sale and 17 active for-lease listings in Lewiston, 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: 22,089 zoned acres across 17 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
