Compared to the rest of the Greater New Orleans Region market, the Elmwood Business District region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 11 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 9% of the available space in the Elmwood Business District are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,200 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 0 and are Class Class A.
Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Elmwood Business District residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.