Most listings are in the $20's per square foot per year. The Downtown Columbus submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Columbus market, the Downtown Columbus region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 43 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available space in the Downtown Columbus are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,060 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 4 stories. Most buildings in this area were built in 1927 and are Class B.
This area is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Columbus residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.