On average, listings lease in the $10's per square foot per year. The Erie region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 42% decrease in rent.
In the last 90 days, 7 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,170 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market were built in 1942 and are Class B.