Hi Timothy, I've managed a mixed use across the street from a funeral home. I didn't notice any difference in the tenants based on the proximity to the funeral home. Not sure the stigma is that large anymore. What's nice about it is compared to a bar or restaurant, the traffic is never noisy or rambunctious. Its usually not busy every day and usually not past 6pm. Since our mixed use didn't have its own parking lot, if the services were large in gathering there may not have been any close street parking for our tenants. But that wasn't very often. I would still purchase a property next to a funeral home compared to any other commercial venture.
My tip is to be sure any commercial venture near a property (funeral home or not) has adequate parking lot for its own patrons OR that you have your parking with private property signs in place.
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing