On average, listings lease in the $0's per square foot per year. The Downtown Holyoke submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 2 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this area are around 4 stories. Most buildings in this market were built in 1880 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. Most of the folk of Downtown Holyoke work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.