On average, listings lease in the $30's per square foot per year. The Downtown Fargo region is going through a a rise in rates. In the last 3 months, the median rate increased $30 per sqft per year. That's a Inf% increase in rent.
In the last 90 days, 1 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,410 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area were built in 1981.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the residents of Downtown Fargo work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.