On average, listings lease in the $0's per square foot per year. The Northern Waterfront region is seeing a decrease in rates. In the last 3 months, the median rate fell $73 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 5 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 14,160 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 4 floors. Most buildings in this market were built in 1927 and are Class B.
This region is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Northern Waterfront folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.