Commercial Real Estate Market in Manchester, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 92 off-market properties in Manchester, ME.
Market Trends
Manchester, ME spans 21.5 square miles in Kennebec County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Manchester, ME asks $95/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 Manchester, ME asks $127/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 Manchester, 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 Manchester, ME asks $118/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
Market overview
Demographics & Economy
Manchester, ME has 2,462 residents in 1,209 households. Density runs 115 people per square mile. Median household income here is $89,453 and median gross rent $968 a month.
2,462
Population
1,209
Households
2
Avg Household Size
49
Median Age
48%
College-Educated
96%
High-School Grad
21.5 sq mi
ZIP Area
115
Density / Sq Mi
$89,453
Median Household Income
$48,571
Median Earnings
$968
Median Rent
$284,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hallowell | — | — |
| Winthrop | — | — |
| Readfield | — | — |
| Augusta | — | $13.25 |
Commercial property in Manchester, ME asks $6/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Manchester?
Commercial property in Manchester, ME asks an average of $6 per square foot. Retail carries the highest asking price at $127/SF.
Where does Realmo's Manchester market data come from?
Realmo compiles Manchester, ME figures from 2 recent recorded sales, 5 active sale listings, 92 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Manchester, 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.
- 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
