On average, listings lease in the $0's per square foot per year. The Hamtramck region is experiencing a decline in rates. In the last 3 months, the median rate decreased $28 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 6 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,400 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this area were built in 1940 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. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Hamtramck residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.