The typical asking rate per listing is in the $10's per square foot per year. The Downtown Columbus region is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 18% decline in rent.
Compared to the rest of the Columbus market, the Downtown Columbus submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 49 listings have come on the market, so you'll want to check back regularly for new listings. 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 4,750 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 4 stories. Most buildings in this area were built in 1927 and are Class B.
This market is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Columbus folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.