The typical asking rate per listing is in the $20's per square foot per year. The Downtown Roanoke region is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 7% rise in rent.
In the last 90 days, 29 listings have been posted online, which means new listings 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built in 1931 and are Class B.
Health care is the dominant industry in this area. Most of the residents of Downtown Roanoke work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.