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Updated about 7 years ago on . Most recent reply

User Stats

12
Posts
5
Votes
Mike Sullivan
  • Real Estate Investor
  • Melbourne, FL
5
Votes |
12
Posts

Mixed use property questions

Mike Sullivan
  • Real Estate Investor
  • Melbourne, FL
Posted

I'm looking to purchase a large single family home that has been divided up into two apartments on the 2nd floor, and 2 separate office spaces on the bottom floor. I've been a residential landlord for a few years but have no experience in dealing with commercial office leases. Besides teaming up w/ a real estate attorney to deal with the commercial leases, what types of general questions or issues should I consider before pursuing a property like this?  

For example, I will be asking the type of zoning the property is under and if there's a specification on the primary use, just in case I want to convert to all housing.

I don't know much about commercial office space leasing, so if there are any sources people can point me to, it would be appreciated.

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