On average, listings lease in the $10's per square foot per year. The Old Town region is seeing a a rise in rates. In the last 3 months, the median rate rose $18 per sqft per year.
In the last 90 days, 10 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 30% of the office spaces in the Old Town 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,490 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1966 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Old Town folk. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.