Commercial Real Estate Market in Westport Island, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 2 off-market properties in Westport Island, ME.
Market Trends
Westport Island, ME spans 33.4 square miles in Lincoln County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Westport Island, 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 Westport Island, 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 Westport Island, 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 Westport Island, ME runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Westport Island, ME has 4,461 residents in 2,286 households. Density runs 133 people per square mile. Median household income here is $82,750 and median gross rent $1,190 a month.
4,461
Population
2,286
Households
2
Avg Household Size
48
Median Age
33%
College-Educated
91%
High-School Grad
33.4 sq mi
ZIP Area
133
Density / Sq Mi
$82,750
Median Household Income
$36,092
Median Earnings
$1,190
Median Rent
$301,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Boothbay | — | — |
| Edgecomb | — | — |
| Woolwich | — | — |
| Boothbay Harbor | — | — |
Commercial property in Westport Island, ME asks $577/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Westport Island?
Commercial property in Westport Island, ME asks an average of $577 per square foot. Retail carries the highest asking price at $264/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 0 active for-lease listings in Westport Island, 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.
- 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
