The typical asking rate per listing is in the $20's per square foot per year. The Historic Montford submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $25 per sqft per year.
In the last 90 days, 6 listings have been listed, which means leases 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 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 980 sqft. Most properties in this market are around 4 stories. Most buildings in this area were built in 1910 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 walking is the most popular way to get to work amongst Historic Montford residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.