Most listings are in the $0's per square foot per year. The Rivertown - Warehouse District submarket is seeing a decline in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 24 listings have come on the market, which means new availabilities 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,580 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1917 and are Class Class B.
A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Rivertown - Warehouse District residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.