The typical asking rate per listing is in the $30's per square foot per year. The Canal Waterfront submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $37 per sqft per year.
Compared to the rest of the Bay Area market, the Canal Waterfront region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 2 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Canal Waterfront are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,470 sqft. Most buildings in this area were built in 1957 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Canal Waterfront residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.