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Updated over 4 years ago on . Most recent reply

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48
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8
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Michael Chalke
8
Votes |
48
Posts

Commercial building turned over to mixed use. Looking for options

Michael Chalke
Posted

Due to COVID, me and my partners finished the conversion of an old commercial building into a mixed use building back in June. However, we're having a hard time renting them out due to a lot of apartments flooding the market. Could be that some people are not wanting to move due to COVID. We were thinking about using the apartments for like office space instead for the time being until this COVID blows over. Believe it or not, we've had a lot of requests and inquiries on this. How gray of an area is this that we're considering going in to?  It's in Poughkeepsie, New York if it matters. Not sure if it matters, but the whole building and all units have a fire suppression system and other things needed for a commercial building since the 1st two floors are commercial, the city made us make the entire building outfitted with a fire suppression system and wireless notification.

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