Compared to the rest of the Indianapolis market, the St. Joseph Historic Neighborhood region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 8 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the listings in the St. Joseph Historic Neighborhood are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 700 sqft. Most properties in this region are close to 1 floors. Most buildings in this market were built in 0 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst St. Joseph Historic Neighborhood residents. Commuting approximately 20 minutes 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 St. Joseph Historic Neighborhood.
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