On average, listings lease in the $20's per square foot per year. The Downtown St. Paul submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $21 per sqft per year.
In the last 90 days, 65 listings have been made available, so you'll want to check back regularly for new listings. About 20% of the available leases in the Downtown St. Paul are subleases, so you might be able to find a shorter term or below market rent. 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 690 sqft. Most properties in this market are around 8 stories. Most buildings in this region were built in 1941 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Agriculture is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Downtown St. Paul occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.