The typical asking rate per listing is in the $30's per square foot per year. The Inner Richmond region is experiencing a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 32% decline in rent.
Compared to the rest of the Bay Area market, the Inner Richmond submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have been made available, which means office spaces are probably 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,240 sqft. Most buildings in this region are around 2 floors. Most buildings in this market were built in 1917 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Inner Richmond occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.