Most listings are in the $10's per square foot per year. The Bayside region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 17% decrease in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Bayside region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 17 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 12% of the listings in the Bayside are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 6,550 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1921 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the folk of Bayside work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.