Most listings are in the $20's per square foot per year. The Downtown Bloomington submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 43% increase in rent.
In the last 90 days, 4 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,090 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1929 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Downtown Bloomington folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.