The typical asking rate per listing is in the $0's per square foot per year. The Downtown Holyoke submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 2 listings have been made available, which means new listings 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 sqft. Most properties in this area are approximately 4 stories. Most buildings in this region were built in 1880 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 folk of Downtown Holyoke work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.