Commercial Real Estate Market in Limestone, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
24 active listings and 23 off-market properties in Limestone, ME.
Market Trends
Limestone, ME spans 78.4 square miles in Aroostook County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Limestone, ME asks $49/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 Limestone, ME asks $62/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 Limestone, 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 Limestone, ME asks $52/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
- Open space 8.9%
- Residential 6.9%
- Commercial 4.5%
- Special 4.1%
- Industrial 3.8%
Largest Zones share of zoned land by district
No Zoning
Loring Development Authority Open Space And Conservation
Loring Development Authority Airport
Loring Development Authority Office And Commercial
Loring Development Authority Industrial District
Loring Development Authority Industrial District (LDA/I)
This zone is intended for a industrial purposes and manufacturing
Market overview
Demographics & Economy
Limestone, ME has 1,817 residents in 1,033 households. Density runs 23 people per square mile. Median household income here is $43,750 and median gross rent $781 a month.
1,817
Population
1,033
Households
1.8
Avg Household Size
48
Median Age
18%
College-Educated
90%
High-School Grad
78.4 sq mi
ZIP Area
23
Density / Sq Mi
$43,750
Median Household Income
$33,462
Median Earnings
$781
Median Rent
$93,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Caswell | — | — |
| Caribou | — | — |
| Connor Twp | — | — |
| Connor Township | — | — |
Commercial property in Limestone, ME asks $34/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Limestone?
Commercial property in Limestone, ME asks an average of $34 per square foot. Retail carries the highest asking price at $62/SF.
Where does Realmo's Limestone market data come from?
Realmo compiles Limestone, ME figures from 24 active sale listings, 23 tracked off-market properties, the current Limestone zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 24 active for-sale and 0 active for-lease listings in Limestone, 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: 26,203 zoned acres across 16 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
