Downtown Duluth Office Space

Downtown Duluth

Office Space Market Report

Number of Listings (last 90 days)
37
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
1,270
As of: January 19, 2017

Downtown Duluth Rates

On average, listings lease in the $20's per square foot per year. The Downtown Duluth region is going through a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% rise in rent.

Downtown Duluth Listing Supply

In the last 90 days, 37 listings have come on the market, which means leases might be going fast. 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 1,270 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this market were built in 1908 and are Class A.

Downtown Duluth Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the occupants of Downtown Duluth 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 Duluth.
Market Report

Market Data

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