On average, listings lease in the $40's per square foot per year. The Essex Village submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $50 per sqft per year.
In the last 90 days, 1 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 400% of the available leases in the Essex Village 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.
The standard measurement for office space in this area is around 470 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1920.