The typical asking rate per listing is in the $30's per square foot per year. The Montpelier submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 5% decrease in rent.
In the last 90 days, 49 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the available leases in the Montpelier are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 860 sqft. Most buildings in this region are around 3 stories. Most buildings in this area were built in 1875 and are Class B.
Real time and historical data on commercial real estate listings in Montpelier.
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