Commercial Real Estate Market in North Providence, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
72 active listings and 479 off-market properties in North Providence, RI. Commercial property asks $194/SF to buy and $30.61/SF/Yr to lease.
Market Trends
North Providence, RI spans 11.1 square miles in Providence County, Rhode Island. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in North Providence, 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 North Providence, 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 North 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 North Providence, 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
North Providence, RI has 86,433 residents in 38,537 households. Density runs 7,802 people per square mile. Median household income here is $72,972 and median gross rent $1,340 a month.
86,433
Population
38,537
Households
2.2
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
11.1 sq mi
ZIP Area
7,802
Density / Sq Mi
$72,972
Median Household Income
$46,386
Median Earnings
$1,340
Median Rent
$301,699
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Johnston | $194 (county avg) | $33.12 |
| Providence | $194 (county avg) | $27.13 |
| Pawtucket | $194 (county avg) | $13.48 |
| Smithfield | $194 (county avg) | $17.42 |
Commercial property in North Providence, RI asks $194/SF. The 4 bordering markets run from $194/SF in Johnston to $194/SF in Johnston, 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 North Providence?
Commercial property in North Providence, RI asks an average of $194 per square foot. The 8 most recent recorded sales traded at a median of $241/SF. Multifamily carries the highest asking price at $203/SF.
How much does it cost to lease commercial space in North Providence?
Asking lease rates in North Providence, RI average $30.61 per square foot per year.
How does North Providence compare to nearby markets on price?
North Providence, RI asks $194/SF against $194/SF in Johnston, $194/SF in Providence, $194/SF in Pawtucket and $194/SF in Smithfield.
Where does Realmo's North Providence market data come from?
Realmo compiles North Providence, RI figures from 8 recent recorded sales, 49 active sale listings, 23 active lease listings, 479 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 49 active for-sale and 23 active for-lease listings in North 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 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
