On average, listings lease in the $10's per square foot per year. The Old Town submarket is going through a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year.
In the last 90 days, 9 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,830 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1964 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 market. Commute by public transit is the most popular way to get to work amongst Old Town occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.