Most listings are in the $20's per square foot per year. The Downtown Fargo submarket is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 13% decrease in rent.
In the last 90 days, 1 listings have been made available, which means new listings are probably 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,290 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area were built in 2005.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the occupants of Downtown Fargo work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.