On average, listings lease in the $10's per square foot per year. The Wooster Square - Mill River submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 17% decline in rent.
In the last 90 days, 1 listings have been made available, which means spaces most likley are 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 1,000 sqft. Most properties in this area are approximately 1 stories. Most buildings in this market were built in 1966 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Wooster Square - Mill River occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.