On average, listings lease in the $40's per square foot per year. The Fishermans Wharf region is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the Bay Area market, the Fishermans Wharf submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 7 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 29% of the available space in the Fishermans Wharf are subleases, so you might be able to snag a great spot on a short term. 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 4,790 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this market were built in 1953 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Fishermans Wharf folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.