On average, listings lease in the $30's per square foot per year. The Downtown New Haven region is going through a a boost in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 34% rise in rent.
In the last 90 days, 11 listings have been posted online, which means leases might be going fast. 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.
The standard measurement for office space in this area is around 1,610 sqft. Most properties in this market are close to 4 stories. Most buildings in this region were built in 1926 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the residents of Downtown New Haven work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.