Compared to the rest of the Bay Area market, the Chinatown submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 7 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 29% of the office spaces in the Chinatown are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,650 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 4 stories. Most buildings in this area were built in 1908 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Chinatown folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.