Commercial Real Estate Market in Solon, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 13 off-market properties in Solon, ME.
Market Trends
Solon, ME spans 39.6 square miles in Somerset County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Solon, ME runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Solon, ME asks $119/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 Solon, 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 Solon, ME asks $101/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
- Commercial 7.2%
- Industrial 0.1%
Largest Zones share of zoned land by district
No Zoning
Resource Protection
Limited Residential
Limited Commercial
Market overview
Demographics & Economy
Solon, ME has 978 residents in 593 households. Density runs 25 people per square mile. Median household income here is $56,136 and median gross rent $788 a month.
978
Population
593
Households
1.6
Avg Household Size
51
Median Age
35%
College-Educated
90%
High-School Grad
39.6 sq mi
ZIP Area
25
Density / Sq Mi
$56,136
Median Household Income
$35,455
Median Earnings
$788
Median Rent
$179,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Embden | — | — |
| Bingham | — | — |
| Moscow | — | — |
| Brighton Plt | — | — |
Commercial property in Solon, ME asks $1/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Solon?
Commercial property in Solon, ME asks an average of $1 per square foot. Retail carries the highest asking price at $119/SF.
Where does Realmo's Solon market data come from?
Realmo compiles Solon, ME figures from 2 recent recorded sales, 7 active sale listings, 13 tracked off-market properties, the current Solon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 0 active for-lease listings in Solon, 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: 25,801 zoned acres across 4 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
