Commercial Real Estate Market in Lincoln, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
24 active listings and 216 off-market properties in Lincoln, ME.
Market Trends
Lincoln, ME spans 258.8 square miles in Penobscot County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Lincoln, 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 Lincoln, 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 Lincoln, 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 Lincoln, 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
- Agricultural 80.2%
- Open space 18.4%
- Industrial 0.1%
- Residential 0.1%
Largest Zones share of zoned land by district
General Management Subdistrict
Fish And Wildlife Protection Subdistrict
Semi Remote Lake Protection Subdistrict
Shoreland 75 Feet Protection Subdistrict
Shoreland 250 Feet Protection Subdistrict
General Management Subdistrict (M-GN)
The purpose of the M-GN subdistrict is to permit forestry and agricultural management activities to occur with minimal interferences from unrelated development in areas where the Commission finds that the resource protection afforded by protection subdistricts is not required
Market overview
Demographics & Economy
Lincoln, ME has 5,689 residents in 3,587 households. Density runs 22 people per square mile. Median household income here is $51,403 and median gross rent $647 a month.
5,689
Population
3,587
Households
1.6
Avg Household Size
48
Median Age
21%
College-Educated
94%
High-School Grad
258.8 sq mi
ZIP Area
22
Density / Sq Mi
$51,403
Median Household Income
$32,646
Median Earnings
$647
Median Rent
$126,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Chester | — | — |
| Mattamiscontis Township | — | — |
| Enfield | — | — |
| Seboeis Plt | — | — |
Commercial property in Lincoln, ME asks $63/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lincoln?
Commercial property in Lincoln, ME asks an average of $63 per square foot. Multifamily carries the highest asking price at $174/SF.
Where does Realmo's Lincoln market data come from?
Realmo compiles Lincoln, ME figures from 5 recent recorded sales, 24 active sale listings, 216 tracked off-market properties, the current Lincoln 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 Lincoln, 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: 20,146 zoned acres across 13 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
