Most listings are in the $0's per square foot per year. The Downtown Roanoke submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $20 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 29 listings have been posted online, which means office spaces are probably 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this region are around 3 stories. Most buildings in this market were built in 1931 and are Class B.
Health care is the dominant industry in this region. Most of the residents of Downtown Roanoke work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.