The typical asking rate per listing is in the $20's per square foot per year. The Downtown St. Paul submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decrease in rent.
In the last 90 days, 44 listings have been posted online, so you'll want to check back regularly for new listings. 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 1,860 sqft. Most buildings in this area are approximately 8 stories. Most buildings in this region were built in 1942 and are Class B.
A large portion of this region 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 residents. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.