On average, listings lease in the $60's per square foot per year. The North Beach region is experiencing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the Bay Area market, the North Beach submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 27 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 15% of the listings in the North Beach 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,640 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this market were built in 1908 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst North Beach folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.