On average, listings lease in the $30's per square foot per year. The Saugatuck region is going through a a boost in rates. In the last 3 months, the median rate went up $32 per sqft per year.
Compared to the rest of the Fairfield market, the Saugatuck submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 2 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the listings in the Saugatuck are subleases, so you might be able to find a shorter term or below market rent. 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 1,540 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 1900 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Most of the folk of Saugatuck work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.