Compared to the rest of the Seattle Metropolitan Area market, the University District region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 2 listings have been posted online, which means leases 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.
The standard measurement for office space in this area is around 750 sqft. Most properties in this area are approximately 5 floors. Most buildings in this region were built in 1973 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Most of the residents of University District work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.