The typical asking rate per listing is in the $10's per square foot per year. The Olde Town East submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $17 per sqft per year.
Compared to the rest of the Columbus market, the Olde Town East submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 5 listings have been listed, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 8,200 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this region were built in 1962 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Olde Town East occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.