Commercial Real Estate Market in Saco, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
29 active listings and 445 off-market properties in Saco, ME. Commercial property asks $55/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Saco, ME spans 38.6 square miles in York County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Saco, 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 Saco, 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 Saco, 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 Saco, 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 83.3%
- Mixed use 10%
- Industrial 4.5%
- Commercial 1.9%
- Special 0.2%
Largest Zones share of zoned land by district
Rural Conservation
Low Density Residential
Portland Road
Medium Density Residential
West Residential
Saco, ME zones 24,691 acres across 16 districts. Commercial zoning covers 1.9% of zoned land, residential 83.3% and industrial 4.5%. The largest single district is Rural Conservation at 56.4%. For commercial buyers the practical constraint is that only 6.4% of land carries a commercial or industrial designation.
Rural Conservation (RC)
The Rural Conservation, RC District is designed to promote and preserve agriculture, agricultural soils, and open space, while permitting low-density residential uses that do not conflict with the rural character of this area of Saco
Market overview
Demographics & Economy
Saco, ME has 20,381 residents in 9,619 households. Density runs 528 people per square mile. Median household income here is $84,328 and median gross rent $1,268 a month.
20,381
Population
9,619
Households
2.1
Avg Household Size
43
Median Age
40%
College-Educated
96%
High-School Grad
38.6 sq mi
ZIP Area
528
Density / Sq Mi
$84,328
Median Household Income
$47,419
Median Earnings
$1,268
Median Rent
$370,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Biddeford | — | $13.34 |
| Old Orchard Beach | — | — |
| Dayton | — | — |
| Arundel | — | — |
Commercial property in Saco, ME asks $55/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Saco?
Commercial property in Saco, ME asks an average of $55 per square foot. The 5 most recent recorded sales traded at a median of $180/SF. Retail carries the highest asking price at $291/SF.
How much does it cost to lease commercial space in Saco?
Asking lease rates in Saco, ME average $18.00 per square foot per year.
What zoning applies to commercial property in Saco?
Saco, ME zones 24,691 acres across 16 districts, of which 1.9% is commercial and 4.5% industrial. The largest single district is Rural Conservation at 56.4% of zoned land. The Rural Conservation, RC District is designed to promote and preserve agriculture, agricultural soils, and open space, while permitting low-density residential uses that do not conflict with the rural character of this area of Saco Residential zoning covers 83.3% and open space 0%.
Where does Realmo's Saco market data come from?
Realmo compiles Saco, ME figures from 5 recent recorded sales, 25 active sale listings, 4 active lease listings, 445 tracked off-market properties, the current Saco zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 4 active for-lease listings in Saco, 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: 24,691 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
