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Updated almost 3 years ago on . Most recent reply

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Enedina Barrera
1
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5
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Investing in a commercial property

Enedina Barrera
Posted

I would like to invest in a commercial property such as a complex of suites that can be rented out by proffessionals. There is a little five suite  complex that was for sale down a well known commercial street. The five suite complex has a dentist office, makeup salon, hair salon, animal grooming, and a lawyer consulting firm. Not very big at all, but busy. The owner sold it last month for about 350,000 and as you can imagine a seasoned investor bought it. How does owning something like this differ from rentals or small duplex? I would figure it would be easier than dealing with regular residential properties.

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