Ideas for 1,000 sq ft shop in a residential area.

[Jordan Filbrun]

I bought a duplex in a city and it has a 1,000 sq ft metal shop on one side. It's insulated, concrete floor, full bathroom, garage door, utility sink, heater. It's in a great location for our city but its basically in my tenants backyard. I do need to be thoughtful about who I place there and the hours they keep. Not to mention the city has requirements for how many walk up customers throughout the day etc. I was thinking it would be perfect for a painter, plumber, electrician, landscaper, etc. They work 7-6 roughly and would mainly use the place for storage and parking and office space. I have had some bites but so far no one is a great fit. I have posted it for storage space too. I also thought it could be made into a 1 or 2 bedroom as well but that would require about $20,000 worth of work and I absolutely do not have the cash for that at this point. Are there any outside the box ideas?

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Originally posted by @Jordan Filbrun:

I bought a duplex in a city and it has a 1,000 sq ft metal shop on one side. It's insulated, concrete floor, full bathroom, garage door, utility sink, heater. It's in a great location for our city but its basically in my tenants backyard. I do need to be thoughtful about who I place there and the hours they keep. Not to mention the city has requirements for how many walk up customers throughout the day etc. I was thinking it would be perfect for a painter, plumber, electrician, landscaper, etc. They work 7-6 roughly and would mainly use the place for storage and parking and office space. I have had some bites but so far no one is a great fit. I have posted it for storage space too. I also thought it could be made into a 1 or 2 bedroom as well but that would require about $20,000 worth of work and I absolutely do not have the cash for that at this point. Are there any outside the box ideas?

I have something similar, I'm rehabbing a 4 bed 2 bath house in Phoenix (and updating everything). There is also a shop that is 24' X 40 ' sq ft with RV gate - the shop was used for auto repair and has HVAC, bath, electricity etc. which is very hard to find in the city.

I plan on selling it as "Huge Shop/Apartment that has a House" - the shop can be converted to an ADU that would get about $1,500 a month or be used by a tradesman, or could be used for BRRR or converted for AirBnB.

It would be great for a California investor who wants two properties for the price of one or for someone who wants to live rent free - renting out the apartment/shop wold cover their mortgage cost. It would be great for someone who does woodworking, automotive, upholstery, plumbing or electrical contractor or someone who does counseling, or cabinetry. I'm guessing it will be snapped up by some savvy investor from CA or AZ.

Try posting it as a business opportunity, an investment opportunity, an -inlaw unit, we call them "Casitas" in this neck of the woods, classic car storage, garage band space and on and on.