On average, listings lease in the $20's per square foot per year. The First Side region is seeing a a boost in rates. In the last 3 months, the median rate went up $22 per sqft per year.
Compared to the rest of the Pittsburgh market, the First Side submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 17 listings have come on the market, which means new listings 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.
Even though the median size is 4,560 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 5 floors. Most buildings in this market were built in 1910 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this region. Most of the folk of First Side work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.