Commercial Real Estate Market in Ogunquit, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
16 active listings and 200 off-market properties in Ogunquit, ME. Commercial property asks $710/SF to buy and $25.00/SF/Yr to lease.
Market Trends
Ogunquit, ME spans 4.1 square miles in York County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Ogunquit, ME asks $168/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 Ogunquit, ME asks $291/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 Ogunquit, 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 Ogunquit, ME asks $272/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 47%
- Commercial 25.4%
- Agricultural 23%
- Industrial 1.1%
Largest Zones share of zoned land by district
Rural Residential 1
Farm
Residence
Resource Protection
Shoreland Limited Residential
Ogunquit, ME zones 2,543 acres across 16 districts. Commercial zoning covers 25.4% of zoned land, residential 47% and industrial 1.1%. The largest single district is Rural Residential 1 at 23%. For commercial buyers the practical constraint is that only 26.5% of land carries a commercial or industrial designation.
Farm (F)
F. Contract or conditional zoning. (1) Authority and purpose. Pursuant to 30-A M.R.S.A. § 4352, contract or conditional zoning is hereby authorized solely in the Farm District and only for light industry, General Business District 2 and only for high-density residential development, where, due to the unusual nature or unique location of the development propo…
Market overview
Demographics & Economy
Ogunquit, ME has 1,577 residents in 2,106 households. Density runs 386 people per square mile. Median household income here is $104,250 and median gross rent $1,736 a month.
1,577
Population
2,106
Households
0.7
Avg Household Size
62
Median Age
68%
College-Educated
99%
High-School Grad
4.1 sq mi
ZIP Area
386
Density / Sq Mi
$104,250
Median Household Income
$72,778
Median Earnings
$1,736
Median Rent
$799,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wells | — | $21.32 |
| York | — | — |
| North Berwick | — | — |
| South Berwick | — | — |
Commercial property in Ogunquit, ME asks $710/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ogunquit?
Commercial property in Ogunquit, ME asks an average of $710 per square foot. The 5 most recent recorded sales traded at a median of $737/SF. Retail carries the highest asking price at $291/SF.
How much does it cost to lease commercial space in Ogunquit?
Asking lease rates in Ogunquit, ME average $25.00 per square foot per year.
What zoning applies to commercial property in Ogunquit?
Ogunquit, ME zones 2,543 acres across 16 districts, of which 25.4% is commercial and 1.1% industrial. The largest single district is Rural Residential 1 at 23% of zoned land. Residential zoning covers 47% and open space 0%.
Where does Realmo's Ogunquit market data come from?
Realmo compiles Ogunquit, ME figures from 7 recent recorded sales, 15 active sale listings, 1 active lease listings, 200 tracked off-market properties, the current Ogunquit zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 1 active for-lease listings in Ogunquit, 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: 2,543 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
