Coventry, RI
Commercial Real Estate Market Trends & Data

Coventry's Demographic Profile

Coventry has 14,418 households and a median income of $86,468, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 36,117
# Households 14,418
Median age 45
Median household income $86,468
Avg household size 2.0
Renter-occupied housing units 3,019
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Coventry, RI

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
West Warwick $100 8,255 SF 9.44%
East Greenwich $163 5,028 SF 9.44%
Cranston $161 26,217 SF 6.89%
Nearby Retail Markets Avg Cost/SF Typical Size
Coventry $233 5,151 SF
Foster $250 1,440 SF
West Warwick $237 10,970 SF
Moosup $133 11,375 SF
Exeter $174 6,880 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Cranston $186 20,778 SF 10.10%
Johnston $241 71,346 SF 8.25%
Providence $291 27,888 SF 10.10%

Commercial Properties For Sale in Coventry

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

27 Pike St

West Warwick, RI 02893

  • 5,912 SF Retail Building
  • 7.73% Cap Rate
  • $1,499,900
For Sale

75 Roberts St

West Warwick, RI 02893

  • 8,560 SF Industrial Building
  • $699,900
For Sale

62 Sawyer Rd

Coventry, RI 02816

  • 11,140 SF Industrial Building
  • $1,150,000
For Sale

Highly Visible Mixed Use

West Warwick, RI 02893

  • 4,698 SF Retail Building
  • $595,000
For Sale

1593 Centerville Rd

Warwick, RI 02886

  • 3,176 SF Retail Building
  • $1,350,000
For Sale

(former) "TOM'S MARKET"

Coventry, RI 02816

  • 6,850 SF Retail Building
  • $895,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Coventry pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Coventry $204 8,301 SF
West Greenwich $315 1,588 SF
Foster $250 1,440 SF
West Warwick $211 9,757 SF

Regional Demographic Comparison

This comparison places Coventry alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Coventry or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Coventry 36,117 14,418 45 $86,468 2 3,019 1%
West Greenwich 6,590 2,503 47 $128,298 3 501 1%
Foster 3,874 1,502 49 $108,312 3 160 -4%
Scituate 10,899 4,217 47 $109,165 3 607 1%
West Warwick 31,227 13,692 41 $59,454 2 6,382 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Coventry, RI and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Coventry

View All Commercial Real Estate For Sale in Coventry
Is Coventry a good market for a first-time commercial real estate investor?

Coventry offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Coventry?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Coventry. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Coventry?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Coventry. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Coventry compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Coventry. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Coventry acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Coventry, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.