Commercial Real Estate Market in West Greenwich, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
36 active listings and 108 off-market properties in West Greenwich, RI. Commercial property asks $26/SF to buy and $16.07/SF/Yr to lease.
Market Trends
West Greenwich, RI spans 50.3 square miles in Kent County, Rhode Island. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in West Greenwich, RI asks $150/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 vacancy in West Greenwich, 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 West Greenwich, 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 West Greenwich, RI asks $217/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
West Greenwich, RI has 6,528 residents in 2,509 households. Density runs 130 people per square mile. Median household income here is $137,485 and median gross rent $1,977 a month.
6,528
Population
2,509
Households
2.6
Avg Household Size
46
Median Age
35%
College-Educated
91%
High-School Grad
50.3 sq mi
ZIP Area
130
Density / Sq Mi
$137,485
Median Household Income
$64,676
Median Earnings
$1,977
Median Rent
$500,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Scituate | $196 (county avg) | $18.50 |
| Cranston | $196 (county avg) | $19.02 |
Commercial property in West Greenwich, RI asks $26/SF. The 2 bordering markets run from $196/SF in Scituate to $196/SF in Scituate, and the city sits below their $196/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in West Greenwich?
Commercial property in West Greenwich, RI asks an average of $26 per square foot. The 8 most recent recorded sales traded at a median of $267/SF. Multifamily carries the highest asking price at $217/SF.
How much does it cost to lease commercial space in West Greenwich?
Asking lease rates in West Greenwich, RI average $16.07 per square foot per year.
How does West Greenwich compare to nearby markets on price?
West Greenwich, RI asks $26/SF against $196/SF in Scituate and $196/SF in Cranston.
Where does Realmo's West Greenwich market data come from?
Realmo compiles West Greenwich, RI figures from 8 recent recorded sales, 14 active sale listings, 22 active lease listings, 108 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 14 active for-sale and 22 active for-lease listings in West Greenwich, 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.
- 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 · report a data issue
