Does anyone know what the typical terms for financing a commercial condo are?

Usually a local bank for that type of stuff. Might could get a 5 year fixed with 25 amort. Probably 35% down. Might want to try owner finance instead. It depends on if the condo is for your business, a small mom and pop type tenant, or investment grade tenant like a Starbucks, etc.

Most lenders in commercial won't touch a loan less than 1 million and do not like the mixed use or condo type stuff where it's fractional where some owners are owner operators and others are investors renting out the space. I have a larger retail center down the street in my subdivision at the road I would like to buy but it's retail condo with a mix of business owners versus investors. Too much hassle to deal with that. If you are not majority owner for controlling declarant you have to pay special attention to ongoing operating costs and any pending special assessments. The income generated often off of these smaller spaces in rent does not justify the overall price.   

Originally posted by @Joel Owens :

Usually a local bank for that type of stuff. Might could get a 5 year fixed with 25 amort. Probably 35% down. Might want to try owner finance instead. It depends on if the condo is for your business, a small mom and pop type tenant, or investment grade tenant like a Starbucks, etc.

Most lenders in commercial won't touch a loan less than 1 million and do not like the mixed use or condo type stuff where it's fractional where some owners are owner operators and others are investors renting out the space. I have a larger retail center down the street in my subdivision at the road I would like to buy but it's retail condo with a mix of business owners versus investors. Too much hassle to deal with that. If you are not majority owner for controlling declarant you have to pay special attention to ongoing operating costs and any pending special assessments. The income generated often off of these smaller spaces in rent does not justify the overall price.   

 Yeah, Im just looking at it for office space for myself, not as an investment per se.  Just always think instead of renting, might as well buy.  

Though, one issue Im sort of seeing now as I price things out, a B class space is within the budget.....but Ive got an A class clientele that may look down on some of these office condos Im looking at.

What about those class A spaces where you pay like a subscription fee and just use the office room when you need to reserve it? Some developers and others do that.