On average, listings lease in the $10's per square foot per year. The Downtown Akron region is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 22% decrease in rent.
In the last 90 days, 7 listings have been made available, which means new availabilities 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,990 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this market were built in 1929 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Akron occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.