Commercial Real Estate Market in Scarborough, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
39 active listings and 626 off-market properties in Scarborough, ME. Commercial property asks $145/SF to buy and $19.50/SF/Yr to lease.
Market Trends
Scarborough, ME spans 47.6 square miles in Cumberland County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Scarborough, ME asks $235/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 Scarborough, ME asks $252/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 Scarborough, 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 Scarborough, ME asks $266/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 83.2%
- Mixed use 5.8%
- Industrial 4%
- Commercial 2.8%
- Civic 2.4%
- Planned_development 1.8%
Largest Zones share of zoned land by district
Rural And Farming
Resource Protection
Residential 2
Industrial
Rural Farming And Manufactured Housing
Scarborough, ME zones 31,610 acres across 27 districts. Commercial zoning covers 2.8% of zoned land, residential 83.2% and industrial 4%. The largest single district is Rural And Farming at 49.1%. For commercial buyers the practical constraint is that only 6.7% of land carries a commercial or industrial designation.
Rural And Farming (RF)
To conserve the integrity and natural qualities of rural open space for the betterment and future of the community and encourage the continuation of agriculture and related activities in these areas of the community. To this end, residential development shall not be in excess of 1 dwelling unit per 2 residential acres
Market overview
Demographics & Economy
Scarborough, ME has 21,952 residents in 10,561 households. Density runs 461 people per square mile. Median household income here is $125,642 and median gross rent $1,821 a month.
21,952
Population
10,561
Households
2.1
Avg Household Size
46
Median Age
58%
College-Educated
99%
High-School Grad
47.6 sq mi
ZIP Area
461
Density / Sq Mi
$125,642
Median Household Income
$55,955
Median Earnings
$1,821
Median Rent
$502,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Westbrook | — | $16.48 |
| Gorham | — | — |
| Old Orchard Beach | — | — |
| Buxton | — | — |
Commercial property in Scarborough, ME asks $145/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Scarborough?
Commercial property in Scarborough, ME asks an average of $145 per square foot. The 5 most recent recorded sales traded at a median of $266/SF. Multifamily carries the highest asking price at $266/SF.
How much does it cost to lease commercial space in Scarborough?
Asking lease rates in Scarborough, ME average $19.50 per square foot per year.
What zoning applies to commercial property in Scarborough?
Scarborough, ME zones 31,610 acres across 27 districts, of which 2.8% is commercial and 4% industrial. The largest single district is Rural And Farming at 49.1% of zoned land. To conserve the integrity and natural qualities of rural open space for the betterment and future of the community and encourage the continuation of agriculture and related activities in these areas of the community. To this end, residential development shall not be in excess of 1 dwelling unit per 2 residential acres Residential zoning covers 83.2% and open space 0%.
Where does Realmo's Scarborough market data come from?
Realmo compiles Scarborough, ME figures from 6 recent recorded sales, 25 active sale listings, 14 active lease listings, 626 tracked off-market properties, the current Scarborough 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 14 active for-lease listings in Scarborough, 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: 31,610 zoned acres across 27 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
