The typical asking rate per listing is in the $10's per square foot per year. The Ohio City region is going through a decrease in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 48% decrease in rent.
Compared to the rest of the Cleveland market, the Ohio City submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 2 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 150% of the listings in the Ohio City 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 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 2,200 sqft. Most properties in this market are close to 1 stories. Most buildings in this region were built in 1920 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Ohio City residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.