Commercial Real Estate Market in East Greenwich, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
58 active listings and 414 off-market properties in East Greenwich, RI. Commercial property asks $93/SF to buy and $22.25/SF/Yr to lease.
Market Trends
East Greenwich, RI spans 21.2 square miles in Kent County, Rhode Island. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in East Greenwich, RI asks $150/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 vacancy in East Greenwich, RI runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in East Greenwich, 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 East Greenwich, RI asks $217/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
East Greenwich, RI has 19,907 residents in 8,623 households. Density runs 938 people per square mile. Median household income here is $120,952 and median gross rent $1,384 a month.
19,907
Population
8,623
Households
2.3
Avg Household Size
45
Median Age
63%
College-Educated
97%
High-School Grad
21.2 sq mi
ZIP Area
938
Density / Sq Mi
$120,952
Median Household Income
$72,985
Median Earnings
$1,384
Median Rent
$564,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cranston | $196 (county avg) | $19.02 |
| Scituate | $196 (county avg) | $18.50 |
Commercial property in East Greenwich, RI asks $93/SF. The 2 bordering markets run from $196/SF in Cranston to $196/SF in Cranston, and the city sits below their $196/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in East Greenwich?
Commercial property in East Greenwich, RI asks an average of $93 per square foot. The 4 most recent recorded sales traded at a median of $476/SF. Multifamily carries the highest asking price at $217/SF.
How much does it cost to lease commercial space in East Greenwich?
Asking lease rates in East Greenwich, RI average $22.25 per square foot per year.
How does East Greenwich compare to nearby markets on price?
East Greenwich, RI asks $93/SF against $196/SF in Cranston and $196/SF in Scituate.
Where does Realmo's East Greenwich market data come from?
Realmo compiles East Greenwich, RI figures from 6 recent recorded sales, 35 active sale listings, 23 active lease listings, 414 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 35 active for-sale and 23 active for-lease listings in East Greenwich, 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.
- 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 30 September 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 30 September 2026 · report a data issue
