The typical asking rate per listing is in the $20's per square foot per year. The Port Gardner region is going through a a rise in rates. In the last 3 months, the median rate increased $24 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Port Gardner submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 6 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,240 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this market were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Port Gardner residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.