On average, listings lease in the $10's per square foot per year. The Old Town region is experiencing a a rise in rates. In the last 3 months, the median rate went up $18 per sqft per year.
In the last 90 days, 10 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,100 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1943 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Old Town folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.