Commercial Real Estate Market in Westbrook, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
37 active listings and 585 off-market properties in Westbrook, ME. Commercial property asks $139/SF to buy and $16.48/SF/Yr to lease.
Market Trends
Westbrook, ME spans 17.2 square miles in Cumberland County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Westbrook, ME asks $235/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 Westbrook, ME asks $252/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 Westbrook, 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 space in Westbrook, ME asks $266/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 31.4%
- Commercial 25.2%
- Agricultural 24.2%
- Industrial 16.3%
- Mixed use 1.6%
- Civic 0.6%
Largest Zones share of zoned land by district
Rural District
Residential Growth Area 2
Residential Growth Area 1
Industrial Park District
Residential Growth Area 3
Westbrook, ME zones 11,031 acres across 58 districts. Commercial zoning covers 25.2% of zoned land, residential 31.4% and industrial 16.3%. The largest single district is Rural District at 22.6%. For commercial buyers the practical constraint is that only 41.5% of land carries a commercial or industrial designation.
Rural District (RD)
The purpose of the Rural District is to provide an area of rural quality consistent with the Comprehensive Plan. Standards permit clustering and focus on preserving open space and important vistas. The uses for the rural district are also more consistent with farm and low density development.
Market overview
Demographics & Economy
Westbrook, ME has 20,400 residents in 9,404 households. Density runs 1,187 people per square mile. Median household income here is $85,868 and median gross rent $1,373 a month.
20,400
Population
9,404
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
96%
High-School Grad
17.2 sq mi
ZIP Area
1,187
Density / Sq Mi
$85,868
Median Household Income
$49,922
Median Earnings
$1,373
Median Rent
$341,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Gorham | — | — |
| Scarborough | — | $19.50 |
| Windham | — | — |
| South Portland | — | $18.95 |
Commercial property in Westbrook, ME asks $139/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Westbrook?
Commercial property in Westbrook, ME asks an average of $139 per square foot. The 6 most recent recorded sales traded at a median of $228/SF. Multifamily carries the highest asking price at $266/SF.
How much does it cost to lease commercial space in Westbrook?
Asking lease rates in Westbrook, ME average $16.48 per square foot per year.
What zoning applies to commercial property in Westbrook?
Westbrook, ME zones 11,031 acres across 58 districts, of which 25.2% is commercial and 16.3% industrial. The largest single district is Rural District at 22.6% of zoned land. The purpose of the Rural District is to provide an area of rural quality consistent with the Comprehensive Plan. Standards permit clustering and focus on preserving open space and important vistas. The uses for the rural district are also more consistent with farm and low density development. Residential zoning covers 31.4% and open space 0%.
Where does Realmo's Westbrook market data come from?
Realmo compiles Westbrook, ME figures from 6 recent recorded sales, 28 active sale listings, 9 active lease listings, 585 tracked off-market properties, the current Westbrook zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 28 active for-sale and 9 active for-lease listings in Westbrook, 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: 11,031 zoned acres across 58 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
