Most listings are in the $0's per square foot per year. The Downtown Detroit region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $24 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 43 listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 6,500 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 5 stories. Most buildings in this region were built in 1925 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Construction is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Detroit occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.