Most listings are in the $0's per square foot per year. The Northeastern Baltimore region is seeing a decline in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 3 listings have been listed, 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1935 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Northeastern Baltimore occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.