On average, listings lease in the $20's per square foot per year. The Downtown Santa Fe region is going through a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 22% decrease in rent.
In the last 90 days, 3 listings have been listed, which means listings might be 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 1,650 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 0 and are Class B.
This region is fairly equally mixed residential and commercial. Professional services is the dominant industry in this region. Most of the occupants of Downtown Santa Fe work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.