Most listings are in the $60's per square foot per year. The Northern Waterfront region is seeing a an increase in rates. In the last 3 months, the median rate increased $67 per sqft per year.
Compared to the rest of the Bay Area market, the Northern Waterfront region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 7 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 143% of the listings in the Northern Waterfront 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 4,140 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 4 stories. Most buildings in this region were built in 1927 and are Class B.
This area 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 occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.