Most listings are in the $0's per square foot per year. The Ferndale region is seeing a decline in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 7 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most buildings in this market are close to 1 stories. Most buildings in this market were built in 1951 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the occupants of Ferndale work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.