The typical asking rate per listing is in the $0's per square foot per year. The City Center region is seeing a decline in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 3 listings have been made available, which means new listings might be going fast. 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 4,890 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this market were built in 1930 and are Class C.
A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst City Center folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.