The typical asking rate per listing is in the $10's per square foot per year. The Ohio City region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 48% decrease in rent.
Compared to the rest of the Cleveland market, the Ohio City submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 2 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 150% of the office spaces in the Ohio City are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,200 sqft. Most properties in this area are close to 1 stories. Most buildings in this region were built in 1920 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Ohio City folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.