East Providence, RI
Commercial Real Estate Market Trends & Data

$348 Avg asking sale price
$564 Avg asking lease rate
19,134 SF Avg unit lease size
20,691 SF Avg building size for sale
8.16% Average cap rate

East Providence's Demographic Profile

East Providence has 21,247 households and a median income of $69,099, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 47,848
# Households 21,247
Median age 45
Median household income $69,099
Avg household size 2.0
Renter-occupied housing units 8,783
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near East Providence, RI

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
East Providence $207 18,492 SF 9.88%
Providence $188 22,044 SF 10.32%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
East Providence $166 38,708 SF 9.88%
Providence $131 34,792 SF 9.88%
Nearby Retail Markets Avg Cost/SF Typical Size
East Providence $321 9,025 SF
Seekonk $247 10,825 SF
Providence $313 14,021 SF
Barrington $19 5,511 SF
Pawtucket $273 27,381 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
East Providence $389 4,539 SF 8.23%
Seekonk $275 5,836 SF 6.00%
Providence $290 27,468 SF 10.10%
Pawtucket $181 29,841 SF 8.23%
Cranston $186 20,778 SF 10.10%

Commercial Properties For Sale in East Providence

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

64-66 Pitman- 5 Units- Multifamily

Providence, RI 02906

  • 4,732 SF Multifamily
  • 5.89% Cap Rate
  • $2,195,000
For Sale

492-494 Warren Ave

East Providence, RI 02914

  • 2,052 SF Retail Building
  • $525,000
For Sale

Perry Building - Development Opportunity

East Providence, RI 02914

  • 9,600 SF Retail Building
  • $1,750,000
For Sale

Corliss Landing Professional Office Building

Providence, RI 02903

  • 128,919 SF Multifamily
  • $299,000
For Sale

Corliss Landing Professional Office Building

Providence, RI 02903

  • 128,919 SF Multifamily
  • $830,000 - $1,150,000
For Sale

249-253 Allens Ave

Providence, RI 02905

  • 10,657 SF Retail Building
  • $2,500,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
East Providence $348 20,691 SF
Riverside $155 96,388 SF
Rumford $60 50,152 SF
Seekonk $222 23,063 SF
Providence $220 26,113 SF

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in East Providence, 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 East Providence

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

East Providence 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 East Providence?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in East Providence. 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 East Providence?

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

How does East Providence compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to East Providence. 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 East Providence acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in East Providence, 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.

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