The typical asking rate per listing is in the $10's per square foot per year. The Downtown Fargo region is experiencing a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 40% decrease in rent.
In the last 90 days, 5 listings have been made available, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 930 sqft. Most buildings in this region were built in 2005.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the occupants of Downtown Fargo work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.