REI Commercial vs Residential

REI Commercial vs Residential

La Jolla, CA · Member since 2017 · 96 posts · 11 votes
Can you buy a commercial building that is a like a restaurant type and convert it to a residential building or should you just look for a residential apartment complex right away? Is there a way you can redemo it? Demolition and then make it a residential or will you spend too much reconstructing the property and just buy residential right away?
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  • Brie SchmidtBusiness Member
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    Real Estate Broker · Chicago, IL · Member since 2013 · 6k+ posts · 5k+ votes
    8y
    Originally posted by @Arthur Voskanyan:
    Can you buy a commercial building that is a like a restaurant type and convert it to a residential building or should you just look for a residential apartment complex right away? Is there a way you can redemo it? Demolition and then make it a residential or will you spend too much reconstructing the property and just buy residential right away?

     Depends on the zoning.  

  • La Jolla, CA · Member since 2017 · 96 posts · 11 votes
    8y

    How does zoning work?

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