Most listings are in the $0's per square foot per year. The Federal Hill - Montgomery submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $37 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 1 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 670 sqft. Most buildings in this area are close to 3 floors. Most buildings in this area were built in 1951 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Federal Hill - Montgomery 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.