On average, listings lease in the $0's per square foot per year. The Downtown Milford region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 1 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, 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 region are around 2 stories. Most buildings in this market were built in 1920.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Most of the residents of Downtown Milford work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.