The typical asking rate per listing is in the $20's per square foot per year. The Downtown Baltimore submarket is going through a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year.
Compared to the rest of the Greater Baltimore market, the Downtown Baltimore submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 21 listings have been made available, which means new listings 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,785 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 12 stories. Most buildings in this region were built in 1963 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Health care is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Downtown Baltimore folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.