Compared to the rest of the Greater Boston market, the Olneyville region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 7 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 14% of the office spaces in the Olneyville are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 23,340 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1935 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Olneyville residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Olneyville.
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