Commercial Real Estate Market in Warren, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
42 active listings and 342 off-market properties in Warren, RI. Commercial property asks $271/SF to buy and $29.46/SF/Yr to lease.
Market Trends
Warren, RI spans 6.2 square miles in Bristol County, Rhode Island. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Warren, 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 Warren, 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 Warren, 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 vacancy in Warren, RI runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 70.5%
- Open space 10.3%
- Commercial 6.8%
- Agricultural 6.2%
- Industrial 3.1%
- Mixed use 2.5%
Largest Zones share of zoned land by district
Residential 40
Residential 10
Conservation
Farm Conservation
Rural Business
Warren, RI zones 3,721 acres across 15 districts. Commercial zoning covers 6.8% of zoned land, residential 70.5%, open space 10.3% and industrial 3.1%. The largest single district is Residential 40 at 38.7%. For commercial buyers the practical constraint is that only 9.8% of land carries a commercial or industrial designation.
Residential 40 (R-40)
This district contains areas of the town which are partially or fully developed at an approximate density of one dwelling unit per forty thousand square feet, and areas for which this density is considered appropriate.
Market overview
Demographics & Economy
Warren, RI has 11,147 residents in 5,546 households. Density runs 1,810 people per square mile. Median household income here is $89,722 and median gross rent $1,253 a month.
11,147
Population
5,546
Households
2
Avg Household Size
47
Median Age
36%
College-Educated
90%
High-School Grad
6.2 sq mi
ZIP Area
1,810
Density / Sq Mi
$89,722
Median Household Income
$53,980
Median Earnings
$1,253
Median Rent
$363,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bristol | — | — |
| Barrington | — | — |
| Somerset | — | — |
| Swansea | — | $13.63 |
Commercial property in Warren, RI asks $271/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Warren?
Commercial property in Warren, RI asks an average of $271 per square foot. The 7 most recent recorded sales traded at a median of $144/SF, so asking sits 88% above the achieved median.
How much does it cost to lease commercial space in Warren?
Asking lease rates in Warren, RI average $29.46 per square foot per year.
What zoning applies to commercial property in Warren?
Warren, RI zones 3,721 acres across 15 districts, of which 6.8% is commercial and 3.1% industrial. The largest single district is Residential 40 at 38.7% of zoned land. This district contains areas of the town which are partially or fully developed at an approximate density of one dwelling unit per forty thousand square feet, and areas for which this density is considered appropriate. Residential zoning covers 70.5% and open space 10.3%.
Where does Realmo's Warren market data come from?
Realmo compiles Warren, RI figures from 7 recent recorded sales, 28 active sale listings, 14 active lease listings, 342 tracked off-market properties, the current Warren zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 28 active for-sale and 14 active for-lease listings in Warren, 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: 3,721 zoned acres across 15 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
