Commercial Real Estate Market in Johnston, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
70 active listings and 1,062 off-market properties in Johnston, RI. Commercial property asks $194/SF to buy and $33.12/SF/Yr to lease.
Market Trends
Johnston, RI spans 23.5 square miles in Providence County, Rhode Island. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Johnston, 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 Johnston, 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 Johnston, 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 Johnston, 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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 78.1%
- Industrial 11.2%
- Commercial 6.9%
- Mixed use 2.7%
- Planned_development 1.2%
Largest Zones share of zoned land by district
Residence District
Residence District
Residence District
Industrial
General Business
Johnston, RI zones 13,881 acres across 14 districts. Commercial zoning covers 6.9% of zoned land, residential 78.1% and industrial 11.2%. The largest single district is Residence District at 56.9%. For commercial buyers the practical constraint is that only 18.1% of land carries a commercial or industrial designation.
Residence District (R-40)
Residence R-40 District. This district covers a large portion of the Town into which urban-type development should logically expand as the need arises. This district is characterized by a commingling of open land interspersed with residential uses. B. Residence R-20 District. This district is composed of certain quiet, medium-low-density residential areas of…
Market overview
Demographics & Economy
Johnston, RI has 29,473 residents in 11,993 households. Density runs 1,254 people per square mile. Median household income here is $87,811 and median gross rent $1,259 a month.
29,473
Population
11,993
Households
2.5
Avg Household Size
45
Median Age
29%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,254
Density / Sq Mi
$87,811
Median Household Income
$56,068
Median Earnings
$1,259
Median Rent
$326,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| North Providence | $194 (county avg) | $30.61 |
| Smithfield | $194 (county avg) | $17.42 |
| Providence | $194 (county avg) | $27.13 |
| Scituate | $194 (county avg) | $16.67 |
Commercial property in Johnston, RI asks $194/SF. The 4 bordering markets run from $194/SF in North Providence to $194/SF in North Providence, 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 Johnston?
Commercial property in Johnston, RI asks an average of $194 per square foot. The 5 most recent recorded sales traded at a median of $182/SF, so asking sits 7% above the achieved median. Multifamily carries the highest asking price at $203/SF.
How much does it cost to lease commercial space in Johnston?
Asking lease rates in Johnston, RI average $33.12 per square foot per year.
How does Johnston compare to nearby markets on price?
Johnston, RI asks $194/SF against $194/SF in North Providence, $194/SF in Smithfield, $194/SF in Providence and $194/SF in Scituate.
What zoning applies to commercial property in Johnston?
Johnston, RI zones 13,881 acres across 14 districts, of which 6.9% is commercial and 11.2% industrial. The largest single district is Residence District at 56.9% of zoned land. Residence R-40 District. This district covers a large portion of the Town into which urban-type development should logically expand as the need arises. This district is characterized by a commingling of open land interspersed with residential uses. B. Residence R-20 District. This district is composed of certain quiet, medium-low-density residential areas of… Residential zoning covers 78.1% and open space 0%.
Where does Realmo's Johnston market data come from?
Realmo compiles Johnston, RI figures from 7 recent recorded sales, 45 active sale listings, 25 active lease listings, 1,062 tracked off-market properties, the current Johnston zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 45 active for-sale and 25 active for-lease listings in Johnston, 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.
- Zoning and land use
- The current municipal zoning release: 13,881 zoned acres across 14 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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
