On average, listings lease in the $20's per square foot per year. The Historic District-North submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 8% decrease in rent.
In the last 90 days, 11 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,550 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this region were built in 1897 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Historic District-North residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.