Commercial Real Estate Market in Riverside, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
82 active listings and 1,067 off-market properties in Riverside, RI. Commercial property asks $196/SF to buy and $15.19/SF/Yr to lease.
Market Trends
Riverside, RI spans 5.5 square miles in Providence County, Rhode Island. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Riverside, RI asks $189/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 Riverside, RI asks $180/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 Riverside, 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 Riverside, RI asks $207/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
Riverside, RI has 16,603 residents in 7,746 households. Density runs 3,012 people per square mile. Median household income here is $90,558 and median gross rent $1,482 a month.
16,603
Population
7,746
Households
2.1
Avg Household Size
47
Median Age
36%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
3,012
Density / Sq Mi
$90,558
Median Household Income
$61,062
Median Earnings
$1,482
Median Rent
$317,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| East Providence | $196 (county avg) | $15.19 |
| Providence | $196 (county avg) | $31.06 |
| Pawtucket | $196 (county avg) | $16.18 |
| Central Falls | $196 (county avg) | — |
Commercial property in Riverside, RI asks $196/SF. The 4 bordering markets run from $196/SF in East Providence to $196/SF in East Providence, and the city sits in line with their $196/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Riverside?
Commercial property in Riverside, RI asks an average of $196 per square foot. The 7 most recent recorded sales traded at a median of $112/SF, so asking sits 75% above the achieved median. Multifamily carries the highest asking price at $207/SF.
How much does it cost to lease commercial space in Riverside?
Asking lease rates in Riverside, RI average $15.19 per square foot per year.
How does Riverside compare to nearby markets on price?
Riverside, RI asks $196/SF against $196/SF in East Providence, $196/SF in Providence, $196/SF in Pawtucket and $196/SF in Central Falls.
Where does Realmo's Riverside market data come from?
Realmo compiles Riverside, RI figures from 7 recent recorded sales, 57 active sale listings, 25 active lease listings, 1,067 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 57 active for-sale and 25 active for-lease listings in Riverside, 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 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 · How Realmo checks market page data · Report a data issue
