The typical asking rate per listing is in the $0's per square foot per year. The Downtown St. Paul region is experiencing a decline in rates. In the last 3 months, the median rate decreased $20 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 65 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available leases in the Downtown St. Paul are subleases, so you will probably have to consider a longer term lease. 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 9,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 8 floors. Most buildings in this area were built in 1941 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Agriculture is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Downtown St. Paul residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.