Most listings are in the $70's per square foot per year. The Union Street region is seeing a a rise in rates. In the last 3 months, the median rate rose $73 per sqft per year.
Compared to the rest of the Bay Area market, the Union Street region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 67% of the available space in the Union Street 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,310 sqft. Most properties in this market are around 3 floors. Most buildings in this market were built in 1907 and are Class C.
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 area. Commute by taxi is the most popular way to get to work amongst Union Street folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.