The typical asking rate per listing is in the $0's per square foot per year. The Downtown Cleveland submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $28 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 44 listings have been posted online, so you'll want to check back regularly for new listings. 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 sqft. Most properties in this area are approximately 8 stories. Most buildings in this area were built in 1959 and are Class B.
This region is fairly equally mixed residential and commercial. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Cleveland folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.