Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
First-Time Home Buyer
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

2
Posts
0
Votes
John Krentz
0
Votes |
2
Posts

Risk of Buying above Unknown Commercial Space

John Krentz
Posted

Hi - 

My wife and I love a a top floor condo in a 3 unit building. The second floor is owned by another tenant. The bottom floor used to be a boutique yoga studio, but the commercial lease is now up for renewal and it's unclear what will take its place (bar, restaurant, store, etc.) Is this a terrible idea to put an offer in? Everything else is perfect, but not knowing what the business will be is concerning to us and we're thinking of walking away. Any advice would be appreciated!


John

Loading replies...