How to Estimate Commercial Rents
I have a commercial space in Cincinnati 45223 and I'm having trouble estimating the rents.
It's 1050 sq ft and I was thinking $800-1000 mo base off what I see for retail space in Cincinnati.
It used to be a bar many years ago and could easily be converted back to one, is it better to renovate it as a bar and rent it out? Obviously I don't have a liquor permit but I assume that's for the Tennant to figure out.
Any suggestions?