Hoping to see if anyone has any experience renting a mixed-use townhouse.
-3 floors, where top two floors are condo and the ground (street Level) is a commercial space.
- Street side is the commercial. Perfect for salon or small medical practice (350) sqft
- Single electric meter
- Entrance to condo is in the back
- No fire door separating.
Question, has anyone used two separate leases for this type of situation. Commercial downstairs and residential up top. If not, do see an option for simply using a commercial lease?
I had same opportunity, but didn't take it as the floor commercial will be the main source of income , it was too small for any popular to lease it , and franchises makes 60% percent of all businesses