Most listings are in the $20's per square foot per year. The Downtown Utica region is seeing a a rise in rates. In the last 3 months, the median rate increased $20 per sqft per year.
In the last 90 days, 3 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 19,890 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1960 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Utica residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.