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Maine Real Estate Q&A Discussion Forum
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Updated about 6 years ago on . Most recent reply

User Stats

179
Posts
59
Votes
Jeremy A.
  • Rental Property Investor
  • Maine
59
Votes |
179
Posts

fair market rent on 1st comm spaces

Jeremy A.
  • Rental Property Investor
  • Maine
Posted

ok Maine landlords of commercial property.

whats fair market rent source for commercial space in rural area of Maine?

Its my first potential commercial renter.

need some averages or source for averages.

1st floor, 2 office space, with half bath, kitchenette, on main st small town, with heat, water, electric included.

modern 850 sqft office with 1000 sqft dry basement. 

parking, plowing, etc included. 

local realtor said all utilities incld avg on busiest road is $13-14 sqft.

how accurate is website reonomy? 

 https://www.reonomy.com/properties/mixed-use-prope...

Most Popular Reply

User Stats

35
Posts
23
Votes
Tim McClary
  • Investor
  • Bangor, ME
23
Votes |
35
Posts
Tim McClary
  • Investor
  • Bangor, ME
Replied

Take what you can get.  A paying tenant in a rural commercial space is rare.  I'd guess $500-$800 per month for a 1000 square foot space.

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