Commercial Real Estate Market in Madawaska, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
41 active listings and 93 off-market properties in Madawaska, ME.
Market Trends
Madawaska, ME spans 16.4 square miles in Aroostook County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Madawaska, 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 Madawaska, 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 Madawaska, 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 Madawaska, 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
- Agricultural 85.3%
- Residential 2.8%
- Commercial 2.4%
- Industrial 0.7%
Largest Zones share of zoned land by district
Rural Farm And Forest
Resource Protection
Medium Density Residential
Stream Protection
Limited Residential
Stream Protection (SP)
The Stream Protection District includes all land areas within seventy-five (75) feet, borizontal distance, of the normal high-water line of a stream, exclusive of those areas within two-hundred and fifty (250) feet, horizontal distance, of the normal high-water line of a great pond, or river, or within two hundred and fifty (250) feet, horizontal distance, o…
Market overview
Demographics & Economy
Madawaska, ME has 3,134 residents in 1,854 households. Density runs 191 people per square mile. Median household income here is $43,750 and median gross rent $580 a month.
3,134
Population
1,854
Households
1.7
Avg Household Size
57
Median Age
22%
College-Educated
93%
High-School Grad
16.4 sq mi
ZIP Area
191
Density / Sq Mi
$43,750
Median Household Income
$47,083
Median Earnings
$580
Median Rent
$157,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Frenchville | — | — |
| Saint Agatha | — | — |
| Grand Isle | — | — |
| Fort Kent | — | — |
Commercial property in Madawaska, ME asks $13/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Madawaska?
Commercial property in Madawaska, ME asks an average of $13 per square foot. Retail carries the highest asking price at $62/SF.
Where does Realmo's Madawaska market data come from?
Realmo compiles Madawaska, ME figures from 7 recent recorded sales, 41 active sale listings, 93 tracked off-market properties, the current Madawaska zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 41 active for-sale and 0 active for-lease listings in Madawaska, 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: 36,067 zoned acres across 11 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
