The typical asking rate per listing is in the $0's per square foot per year. The Downtown East region is experiencing a decline in rates. In the last 3 months, the median rate decreased $20 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 2 listings have been made available, which means office spaces 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,420 sqft. Most properties in this area are approximately 3 floors. Most buildings in this region were built in 1910 and are Class C.
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 region. Most of the occupants of Downtown East 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.