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  • Real Estate Broker
  • Milford, pa
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small commercial space-500 sf

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  • Real Estate Broker
  • Milford, pa
Posted Jan 20 2022, 07:18

Hi all, 

As a broker,I'm having a mighty difficult time finding a tenant for a small ground floor commercial space (500sf) in a nice multifamily building. Its use allows office/medical office or community facility use. Ive spoken to every nursery,chiropractor, dector,dentist, therapists, sole practitioner in the phone book, but to no avail. I sort of promised the landlord Id get it done. Anyone have any advice to where else I can look??   

Thanks

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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied Jan 20 2022, 17:05

500sqft.....that's probably more like 1-2 person insurance office, or 1 person kind of work like maybe a counselor.  I can't imagine normal medical practice with staff being in 500sqft.   Can you use it as residential?

What's finish out look like?  One big room, or separate kitchen, bath, two offices, reception area?

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Jason Bott
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#2 Insurance Contributor
  • Insurance Agent
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Jason Bott
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  • Insurance Agent
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Replied Jan 20 2022, 17:32

Insurance or financial service could work.  so many start up shops who just need a little space to meet the public.

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  • Real Estate Broker
  • Milford, pa
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41
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Account Closed
  • Real Estate Broker
  • Milford, pa
Replied Jan 20 2022, 17:43

Thanks guys. So it is actually 545 sf(including exterior walls). Its just an open room right now. With a small finished bathroom to the side(included in the sf). It cannot be used for residential. It is only legal for community space use. 

I wasnt really considering a doctor with medical staff-more like a sole practitioner(chiropractor, accupuncturist). It seems like much work is becoming remote, so Ive been hesitant to approach an insurance or financial guy. But I dont believe theyd be allowed since it is only allowed for community use-which would apparently include medical uses. Still wondering what to do..