Most listings are in the $10's per square foot per year. The Merion Village region is seeing a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year.
Compared to the rest of the Columbus market, the Merion Village submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 80% of the available space in the Merion Village are subleases, so you might be able to snag a great spot on a short term. 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 5,190 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1915 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Merion Village folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.