The typical asking rate per listing is in the $50's per square foot per year. The Downtown Middletown submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $51 per sqft per year.
In the last 90 days, 1 listings have been made available, which means listings 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,100 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 2000 and are Class A.
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 market. Commute by walking is the most popular way to get to work amongst Downtown Middletown residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.