Compared to the rest of the Greater Portland market, the Old Town Chinatown region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 15 listings have been listed, which means leases most likley are 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,840 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 4 stories. Most buildings in this area were built in 1904 and are Class B.
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. Most of the residents of Old Town Chinatown work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.