Commercial Real Estate Market in Thomaston, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 119 off-market properties in Thomaston, ME.
Market Trends
Thomaston, ME spans 10.9 square miles in Knox County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Thomaston, ME asks $174/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 Thomaston, ME asks $160/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 Thomaston, 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 vacancy in Thomaston, ME runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 64.3%
- Industrial 12.6%
- Commercial 3.6%
- Mixed use 0.3%
Largest Zones share of zoned land by district
Rural Residential And Farming
Resource Protection
Industrial
Rural Residential
Urban Residential
Thomaston, ME zones 7,134 acres across 10 districts. Commercial zoning covers 3.6% of zoned land, residential 64.3% and industrial 12.6%. The largest single district is Rural Residential And Farming at 42.3%. For commercial buyers the practical constraint is that only 16.3% of land carries a commercial or industrial designation.
Rural Residential And Farming (R1)
Section 710 Rural Residential & Farming District (R1) 710.1 Purpose This district includes most of the town’s rural lands. It also includes lands with multiple natural resource con- straints or that are especially important for their recreational, scenic, or other resource-based opportunities. This district is designated as a rural, as opposed to a growth zo…
Market overview
Demographics & Economy
Thomaston, ME has 2,739 residents in 1,445 households. Density runs 250 people per square mile. Median household income here is $53,775 and median gross rent $891 a month.
2,739
Population
1,445
Households
1.9
Avg Household Size
48
Median Age
29%
College-Educated
93%
High-School Grad
10.9 sq mi
ZIP Area
250
Density / Sq Mi
$53,775
Median Household Income
$35,662
Median Earnings
$891
Median Rent
$260,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| South Thomaston | — | — |
| Warren | — | — |
| Rockland | — | — |
| Cushing | — | — |
Commercial property in Thomaston, ME asks $161/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Thomaston?
Commercial property in Thomaston, ME asks an average of $161 per square foot. The 4 most recent recorded sales traded at a median of $567/SF. Office carries the highest asking price at $174/SF.
What zoning applies to commercial property in Thomaston?
Thomaston, ME zones 7,134 acres across 10 districts, of which 3.6% is commercial and 12.6% industrial. The largest single district is Rural Residential And Farming at 42.3% of zoned land. Section 710 Rural Residential & Farming District (R1) 710.1 Purpose This district includes most of the town’s rural lands. It also includes lands with multiple natural resource con- straints or that are especially important for their recreational, scenic, or other resource-based opportunities. This district is designated as a rural, as opposed to a growth zo… Residential zoning covers 64.3% and open space 0%.
Where does Realmo's Thomaston market data come from?
Realmo compiles Thomaston, ME figures from 5 recent recorded sales, 16 active sale listings, 2 active lease listings, 119 tracked off-market properties, the current Thomaston zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 2 active for-lease listings in Thomaston, 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: 7,134 zoned acres across 10 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
