The typical asking rate per listing is in the $20's per square foot per year. The Over-The Rhine region is going through a a boost in rates. In the last 3 months, the median rate increased $26 per sqft per year.
Compared to the rest of the Cincinnati market, the Over-The Rhine region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 6 listings have come on the market, which means new listings are probably 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 5,740 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this area were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Over-The Rhine residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.