Commercial Real Estate Market in Vassalboro, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
8 active listings and 24 off-market properties in Vassalboro, ME.
Market Trends
Vassalboro, ME spans 44.3 square miles in Kennebec County, Maine. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Kennebec County, office space asks $117/SF to buy. Office vacancy in Vassalboro, ME runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Kennebec County, retail space asks $174/SF to buy. Retail vacancy in Vassalboro, 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 Vassalboro, 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 Kennebec County, multifamily space asks $122/SF to buy. Multifamily vacancy in Vassalboro, 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 5.5%
- Commercial 1%
Largest Zones share of zoned land by district
Allowed with permit issued by the Planning Board. CEO - Allowed with permit issued by the Code Enforcement Officer LPI - Allowed with permit issued by the Local Plumbing Inspector Abbreviations: RP - Resource Protection LR - Limited Residential LR/C - Limited Residential / Commercial Town of Vassalboro Shoreland Zoning Ordinance Page 9 of 45 TABLE 1: LAND US…
Market overview
Demographics & Economy
Vassalboro, ME has 4,520 residents in 2,296 households. Density runs 102 people per square mile. Median household income here is $74,828 and median gross rent $1,030 a month.
Tools
Nearby Markets
Commercial property in Vassalboro, ME asks $93/SF. The 2 bordering markets run from $130/SF in Augusta to $140/SF in Winslow, and the city sits below their $135/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Vassalboro?
How does Vassalboro compare to nearby markets on price?
Where does Realmo's Vassalboro market data come from?
Methodology & data sources
- Asking prices and medians
- There are 8 active for-sale and 0 active for-lease listings in Vassalboro, ME. The sale median is based on 7 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: 28,992 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 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
