Most listings are in the $20's per square foot per year. The Olneyville submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $26 per sqft per year.
Compared to the rest of the Greater Boston market, the Olneyville submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 0 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the available space in the Olneyville are subleases, so you might be able to find a shorter term or below market rent. 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 23,340 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1935 and are Class B.
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 region. Commute by public transit is the most popular way to get to work amongst Olneyville occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.