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Updated over 3 years ago on . Most recent reply

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Jerry W.
  • Investor
  • Thermopolis, WY
4,008
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4,327
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Need advice on short term rental with large shop

Jerry W.
  • Investor
  • Thermopolis, WY
ModeratorPosted

I recently purchased a commercial property with an office in the front and a large commercial shop in the back.  I converted the office into a 3 bedroom house.  The kitchen is very strange, but it works.  This property is only 2 houses from the river.  The problem is the shop.  It has about a 1800 square foot shop in the back with 12 foot tall garage doors.  It is heated.

With the current setup you have to go through the shop to get to a fenced in patio area.  There is also only one bathroom for the front and back, and it would be extremely costly to add a second bathroom.  I think that I can rent out the shop for about $700 per month possibly more.  If I rent the shop I cannot let the guests from the vacation rental go through the shop for protection of the shop tenant.  I cannot let the shop have access to the only bathroom as it would negatively impact the guests from having a mechanic knocking on the door to use the bathroom while they are in the shower.

I also am having a lot of problems getting insurance on both sides at once due to access to utility shut offs not being available to both the front and back renters.

I see 3 options.  Build a wall in the shop that lets the guests go into the shop but only to the access to the outside patio.

Or I could simply let the shop tenant access the bathrooms and set up rules and let the guests walk through the shop.

Last I could just not rent the shop and let guests park cars or campers or even RVs in it or possibly put up pool tales, ping pong tables, roller skate, etc. in it.

One other idea is maybe just do storage of boats and RVs in the shop with no other uses.

What ideas or suggestions do you have?

Here is the link to the listing https://www.airbnb.com/rooms/6...at link works.

I hope that link works.

  • Jerry W.
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