Compared to the rest of the Washington D.C. market, the Downtown Fredericksburg region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 10 listings have been listed, which means leases might be 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 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 1,050 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1889 and are Class B.
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 Downtown Fredericksburg residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.