Commercial Real Estate Market in Tiverton, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
42 active listings and 331 off-market properties in Tiverton, RI. Commercial property asks $493/SF to buy and $7.42/SF/Yr to lease.
Market Trends
Tiverton, RI spans 29.1 square miles in Newport County, Rhode Island. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Tiverton, RI runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Tiverton, 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 Tiverton, 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 Tiverton, RI asks $355/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 77%
- Open space 12.8%
- Industrial 7.5%
- Commercial 1.4%
Largest Zones share of zoned land by district
Residential
Residential
Open Space
Residential
Industrial
Tiverton, RI zones 18,803 acres across 13 districts. Commercial zoning covers 1.4% of zoned land, residential 77%, open space 12.8% and industrial 7.5%. The largest single district is Residential at 50.3%. For commercial buyers the practical constraint is that only 8.9% of land carries a commercial or industrial designation.
Residential (R-80)
An ARMUC shall be allowable in any zone under this zoning ordinance except R15, R30, R40, R60 and R80 zones or any other or future residential zone, subject to the specific area requirements and water frontage requirements set forth above and subject to the further requirements of this section 18. D. Permitted residential uses in an ARMUC. The following resi…
Market overview
Demographics & Economy
Tiverton, RI has 16,359 residents in 7,747 households. Density runs 563 people per square mile. Median household income here is $99,542 and median gross rent $1,228 a month.
16,359
Population
7,747
Households
2.1
Avg Household Size
50
Median Age
40%
College-Educated
93%
High-School Grad
29.1 sq mi
ZIP Area
563
Density / Sq Mi
$99,542
Median Household Income
$49,228
Median Earnings
$1,228
Median Rent
$367,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bristol | — | — |
| Portsmouth | — | — |
| Somerset | — | — |
| Warren | — | $29.46 |
Commercial property in Tiverton, RI asks $493/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Tiverton?
Commercial property in Tiverton, RI asks an average of $493 per square foot. The 4 most recent recorded sales traded at a median of $316/SF, so asking sits 56% above the achieved median. Multifamily carries the highest asking price at $355/SF.
How much does it cost to lease commercial space in Tiverton?
Asking lease rates in Tiverton, RI average $7.42 per square foot per year.
What zoning applies to commercial property in Tiverton?
Tiverton, RI zones 18,803 acres across 13 districts, of which 1.4% is commercial and 7.5% industrial. The largest single district is Residential at 50.3% of zoned land. An ARMUC shall be allowable in any zone under this zoning ordinance except R15, R30, R40, R60 and R80 zones or any other or future residential zone, subject to the specific area requirements and water frontage requirements set forth above and subject to the further requirements of this section 18. D. Permitted residential uses in an ARMUC. The following resi… Residential zoning covers 77% and open space 12.8%.
Where does Realmo's Tiverton market data come from?
Realmo compiles Tiverton, RI figures from 7 recent recorded sales, 36 active sale listings, 6 active lease listings, 331 tracked off-market properties, the current Tiverton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 36 active for-sale and 6 active for-lease listings in Tiverton, 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.
- Zoning and land use
- The current municipal zoning release: 18,803 zoned acres across 13 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
