On average, listings lease in the $10's per square foot per year. The Downtown Harrisburg region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
In the last 90 days, 5 listings have been listed, which means office spaces are probably 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 4,200 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 4 floors. Most buildings in this region were built in 1946 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Utilities is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Harrisburg folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.