Most listings are in the $10's per square foot per year. The Old Town region is experiencing a a rise in rates. In the last 3 months, the median rate went up $18 per sqft per year.
In the last 90 days, 34 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 6% of the listings in the Old Town are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,490 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1966 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Old Town folk. Commuting approximately 10 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 Old Town.
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