Downtown Office Space

Downtown

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
1,600
As of: December 10, 2016

Downtown Rates

Most listings are in the $10's per square foot per year. The Downtown region is experiencing a a rise in rates. In the last 3 months, the median rate went up $15 per sqft per year.

Downtown Listing Supply

In the last 90 days, 2 listings have been made available, which means office spaces are probably leasing quickly. 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.

The standard measurement for office space in this area is around 1,600 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1895 and are Class Class B.

Downtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the occupants of Downtown work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown.
Research

Ypsilanti Submarkets