The typical asking rate per listing is in the $10's per square foot per year. The Detroit - Shoreway region is seeing a an increase in rates. In the last 3 months, the median rate rose $17 per sqft per year.
Compared to the rest of the Cleveland market, the Detroit - Shoreway region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 3 listings have been posted online, which means office spaces 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,640 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this area were built in 1880 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the folk of Detroit - Shoreway work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.