Compared to the rest of the Washington D.C. market, the Downtown Fredericksburg submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 10 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 490 sqft. Most properties in this market are close to 4 stories. Most buildings in this area were built in 1914 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Fredericksburg occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.