The typical asking rate per listing is in the $10's per square foot per year. The Downtown Fort Smith region is going through a a boost in rates. In the last 3 months, the median rate went up $16 per sqft per year.
In the last 90 days, 8 listings have been listed, 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 5,310 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Downtown Fort Smith residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.