Compared to the rest of the Minneapolis market, the Loring Park region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 8 listings have been posted online, which means spaces 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,390 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1916 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Loring Park residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.