Compared to the rest of the Greater Portland market, the Old Town Chinatown submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 24 listings have come on the market, which means office spaces might be leasing quickly. 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.
The standard measurement for office space in this area is around 1,670 sqft. Most properties in this area are approximately 3 stories. Most buildings in this region were built in 1912 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 market. Most of the folk 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.