Commercial Real Estate Market in Central Falls, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
51 active listings and 339 off-market properties in Central Falls, RI.
Market Trends
Central Falls, RI spans 1.2 square miles in Providence County, Rhode Island. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Central Falls, RI asks $163/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 Central Falls, RI asks $177/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 Central Falls, RI 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 Central Falls, RI asks $203/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
Market overview
Demographics & Economy
Central Falls, RI has 22,596 residents in 8,341 households. Density runs 18,926 people per square mile. Median household income here is $45,921 and median gross rent $1,118 a month.
22,596
Population
8,341
Households
2.7
Avg Household Size
32
Median Age
12%
College-Educated
60%
High-School Grad
1.2 sq mi
ZIP Area
18,926
Density / Sq Mi
$45,921
Median Household Income
$30,050
Median Earnings
$1,118
Median Rent
$300,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pawtucket | $194 (county avg) | $13.48 |
| Providence | $194 (county avg) | $27.13 |
| North Providence | $194 (county avg) | $30.61 |
| Cumberland | $194 (county avg) | $16.50 |
Commercial property in Central Falls, RI asks $194/SF. The 4 bordering markets run from $194/SF in Pawtucket to $194/SF in Pawtucket, and the city sits in line with their $194/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Central Falls?
Commercial property in Central Falls, RI asks an average of $194 per square foot. The 4 most recent recorded sales traded at a median of $132/SF, so asking sits 47% above the achieved median. Multifamily carries the highest asking price at $203/SF.
How does Central Falls compare to nearby markets on price?
Central Falls, RI asks $194/SF against $194/SF in Pawtucket, $194/SF in Providence, $194/SF in North Providence and $194/SF in Cumberland.
Where does Realmo's Central Falls market data come from?
Realmo compiles Central Falls, RI figures from 6 recent recorded sales, 48 active sale listings, 3 active lease listings, 339 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 48 active for-sale and 3 active for-lease listings in Central Falls, RI. 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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
