On average, listings lease in the $0's per square foot per year. The Downtown Evansville region is going through a decrease in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 2 listings have been posted online, which means leases most likley are 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 3,230 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built in 1910 and are Class A.
This market is fairly equally mixed residential and commercial. Health care is the dominant industry in this region. Most of the occupants of Downtown Evansville work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.