The typical asking rate per listing is in the $20's per square foot per year. The Downtown Evansville region is going through a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 13% increase in rent.
In the last 90 days, 5 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 20% of the office spaces in the Downtown Evansville 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,230 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this area were built in 1910 and are Class A.
This area is fairly equally mixed residential and commercial. Health care is the dominant industry in this market. Most of the residents of Downtown Evansville work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.