Compared to the rest of the Greater Portland market, the Hollywood submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 4 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 550 sqft. Most properties in this market are close to 4 floors. Most buildings in this region were built in 1928.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Hollywood residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.