Downtown Montgomery Commercial Real Estate

1 Commerce St - 9 Spaces Montgomery, AL rental rate negotiable
Apr 08
320 - 15,990
sqft
Office

Downtown Montgomery

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,470

Downtown Montgomery Rates

Most listings are in the $20's per square foot per year. The Downtown Montgomery region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.

Downtown Montgomery Listing Supply

In the last 90 days, 181 listings have been listed, so you'll want to check back regularly for new listings. About 12% of the listings in the Downtown Montgomery 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,470 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1903 and are Class A.

Downtown Montgomery Community

This market is fairly equally mixed residential and commercial. Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Montgomery residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Downtown Montgomery.
Research