Commercial Real Estate Market in East Providence, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
85 active listings and 1,067 off-market properties in East Providence, RI. Commercial property asks $199/SF to buy and $14.25/SF/Yr to lease.
Market Trends
East Providence, RI spans 4.9 square miles in Providence County, Rhode Island. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in East Providence, RI asks $227/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 East Providence, RI asks $209/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 East Providence, 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 Providence, RI asks $210/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 Providence, RI has 22,140 residents in 10,082 households. Density runs 4,512 people per square mile. Median household income here is $60,838 and median gross rent $1,165 a month.
22,140
Population
10,082
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
82%
High-School Grad
4.9 sq mi
ZIP Area
4,512
Density / Sq Mi
$60,838
Median Household Income
$43,696
Median Earnings
$1,165
Median Rent
$309,600
Median Home Value
Tools
Lease vs Buy Breakeven
At $14.25/SF/Yr lease vs $199/SF buy → buying wins if held > 3 years.
The comparison uses county-wide sale comps against East Providence asking rents, so the implied 7.1% gross yield is computed off asking rents rather than a closed-deal cap-rate benchmark. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Providence | $199 (county avg) | $29.90 |
| Pawtucket | $199 (county avg) | $15.91 |
| Central Falls | $199 (county avg) | — |
| North Providence | $199 (county avg) | $19.67 |
Commercial property in East Providence, RI asks $199/SF. The 4 bordering markets run from $199/SF in Providence to $199/SF in Providence, and the city sits in line with their $199/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in East Providence?
Commercial property in East Providence, RI asks an average of $199 per square foot. The 7 most recent recorded sales traded at a median of $112/SF, so asking sits 78% above the achieved median. Office carries the highest asking price at $227/SF.
How much does it cost to lease commercial space in East Providence?
Asking lease rates in East Providence, RI average $14.25 per square foot per year.
Is it cheaper to lease or buy commercial space in East Providence?
Buying beats leasing in East Providence, RI if the property is held longer than 3.0 years, comparing $14.25/SF/Yr asking rent with $199/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
How does East Providence compare to nearby markets on price?
East Providence, RI asks $199/SF against $199/SF in Providence, $199/SF in Pawtucket, $199/SF in Central Falls and $199/SF in North Providence.
Where does Realmo's East Providence market data come from?
Realmo compiles East Providence, RI figures from 7 recent recorded sales, 57 active sale listings, 28 active lease listings, 1,067 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 57 active for-sale and 28 active for-lease listings in East Providence, 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 October 2026 — not today — is the honest last update.
- Known limitations
- the lease-vs-buy comparison mixes county-wide sale comps with city asking rents, 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 October 2026 · How Realmo checks market page data · Report a data issue
