Commercial Real Estate Market in Waldoboro, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 452 off-market properties in Waldoboro, ME.
Market Trends
Waldoboro, ME spans 71.5 square miles in Lincoln County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Waldoboro, 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 Waldoboro, ME asks $264/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 Waldoboro, 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 Waldoboro, 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 7.3%
- Commercial 0.3%
- Industrial 0.1%
Largest Zones share of zoned land by district
No Zoning
Limited Residential
Resource Protection
Wetland
Limited Commercial
Limited Residential (LR)
The purpose of LR zone is to includes those areas suitable for residential and recreational development
Market overview
Demographics & Economy
Waldoboro, ME has 5,154 residents in 2,957 households. Density runs 72 people per square mile. Median household income here is $66,072.
5,154
Population
2,957
Households
1.7
Avg Household Size
46
Median Age
33%
College-Educated
96%
High-School Grad
71.5 sq mi
ZIP Area
72
Density / Sq Mi
$66,072
Median Household Income
$40,657
Median Earnings
$0
Median Rent
$271,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Nobleboro | — | — |
| Bremen | — | — |
| Warren | — | — |
| Friendship | — | — |
Commercial property in Waldoboro, ME asks $14/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Waldoboro?
Commercial property in Waldoboro, ME asks an average of $14 per square foot. The 4 most recent recorded sales traded at a median of $81/SF. Retail carries the highest asking price at $264/SF.
Where does Realmo's Waldoboro market data come from?
Realmo compiles Waldoboro, ME figures from 7 recent recorded sales, 27 active sale listings, 1 active lease listings, 452 tracked off-market properties, the current Waldoboro zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 27 active for-sale and 1 active for-lease listings in Waldoboro, 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: 45,735 zoned acres across 7 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
