Downtown Utica Office Space

Downtown Utica

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
19,890
As of: January 22, 2017

Downtown Utica Rates

Most listings are in the $20's per square foot per year. The Downtown Utica region is experiencing a a boost in rates. In the last 3 months, the median rate went up $20 per sqft per year.

Downtown Utica Listing Supply

In the last 90 days, 3 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 19,890 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1960 and are Class A.

Downtown Utica Community

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 car is the most popular way to get to work amongst Downtown Utica occupants. Commuting under 5 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 Utica.
Market Report

Market Data

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