Updated about 8 years ago on .
Bar converted to Restaurant
I'm looking at buying a 3 unit that has a bar. The bar is run down hole int he wall that brings in about $40K in GROSS revenues. I'm thinking I"d rather see it a restaurant as it's equipted for it.
Could I leave it as is and allow a tenant come in and remodel as they see fit? Or as the owner of the building do I have to do that then rent it out?