On average, listings lease in the $10's per square foot per year. The Downtown East submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $18 per sqft per year.
In the last 90 days, 3 listings have been posted online, which means leases might be 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,240 sqft. Most properties in this region are close to 3 stories. Most buildings in this region were built in 1910 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Most of the folk of Downtown East work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.