The typical asking rate per listing is in the $50's per square foot per year. The North Beach submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $59 per sqft per year.
Compared to the rest of the Bay Area market, the North Beach region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 27 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 67% of the office spaces in the North Beach 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,200 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this region were built in 1908 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 area. Commute by taxi is the most popular way to get to work amongst North Beach residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.