Commercial Real Estate Market in Thomaston, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
12 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 October 2026.
Office
Across Knox County, office space asks $154/SF to buy. Office vacancy in Thomaston, ME runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Knox County, retail space asks $186/SF to buy. Retail vacancy in Thomaston, ME runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
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%.
Multifamily
Across Knox County, multifamily space asks $189/SF to buy. Multifamily vacancy in Thomaston, ME runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
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
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.
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.
Tools
Nearby Markets
Commercial property in Thomaston, ME asks $149/SF. The 2 bordering markets run from $149/SF in Rockland to $274/SF in Rockport, and the city sits below their $211/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Thomaston?
How does Thomaston compare to nearby markets on price?
What zoning applies to commercial property in Thomaston?
Where does Realmo's Thomaston market data come from?
Methodology & data sources
- Asking prices and medians
- There are 10 active for-sale and 2 active for-lease listings in Thomaston, ME. The sale median is based on 8 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
