Compared to the rest of the Richmond market, the Fan - Oregon Hill - Carver submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 3 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 267% of the listings in the Fan - Oregon Hill - Carver are subleases, so you might be able to find a shorter term or below market rent. 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 5,260 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1913 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst Fan - Oregon Hill - Carver residents. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.