Commercial Real Estate Reno
Hi All,
I've been to a few of these (new to me) spaces recently and I really like them and like the business model. Essentially, investors buy an older building in a downtown of some sort (can be small or large), stick a coffee shop business in on the main floor and create offices above that rent each month for startup businesses. Some who have the room offer public working spaces or just a room to rent by the day, areas to host workshops and other events are common. I wanted to ask if anyone here has experience with this, experience developing or investing in one, and what your thoughts are on that vs. SFH or Multifamily. This is something I am interested in investing in and would love to find others who are interested in the same.
Cheers!