Most listings are in the $10's per square foot per year. The Ellicott submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 33% decline in rent.
Compared to the rest of the Buffalo market, the Ellicott region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been posted online, which means listings most likley are 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 1,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1926 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Ellicott residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.