Commercial Real Estate Market in Washington, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 12 off-market properties in Washington, ME.
Market Trends
Washington, ME spans 38.0 square miles in Knox County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Washington, 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 Washington, 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 Washington, 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 Washington, 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
- Agricultural 62.3%
- Residential 19.7%
- Planned_development 4.3%
- Commercial 3.1%
Largest Zones share of zoned land by district
Farm And Forest
Rural
Resource Protection
Shoreline Limited Residential
Planned Development
Shoreline Limited Residential (LR)
Section 7. Shoreland Limited Residential District (LR) A. Purpose The purpose of the Shoreland Limited Residential District is to protect and maintain the high water quality of the Town’s surface waters; to protect the scenic qualities of the shorelands which are important to the character of the Town; to control building sites, placement of structures and l…
Market overview
Demographics & Economy
Washington, ME has 1,592 residents in 788 households. Density runs 42 people per square mile. Median household income here is $63,036 and median gross rent $923 a month.
1,592
Population
788
Households
2
Avg Household Size
48
Median Age
22%
College-Educated
89%
High-School Grad
38 sq mi
ZIP Area
42
Density / Sq Mi
$63,036
Median Household Income
$39,272
Median Earnings
$923
Median Rent
$186,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Appleton | — | — |
| Union | — | — |
| Jefferson | — | — |
| Somerville | — | — |
Commercial property in Washington, ME asks $1/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Washington?
Commercial property in Washington, ME asks an average of $1 per square foot. Office carries the highest asking price at $174/SF.
Where does Realmo's Washington market data come from?
Realmo compiles Washington, ME figures from 15 active sale listings, 12 tracked off-market properties, the current Washington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 0 active for-lease listings in Washington, 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: 24,098 zoned acres across 8 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
