Downtown Montpelier Office Space

Downtown Montpelier

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
10,800
As of: December 3, 2016

Downtown Montpelier Rates

Most listings are in the $10's per square foot per year. The Downtown Montpelier submarket is going through a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 17% increase in rent.

Downtown Montpelier Listing Supply

In the last 90 days, 2 listings have been posted online, which means office spaces 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 10,800 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 3 stories.

Downtown Montpelier Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Montpelier residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Montpelier.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Montpelier.
Research

Montpelier Submarkets