The third was with Brian and Serge, and it was a triple-digit (can't remember which one).

Recommend you just Google "commercial lease" and copy & paste to get what you want covered.If you want commercial tenant to be responsible for the building, that's known as a Triple Net Lease (also shifts taxes & insurance liability).Then you should have a real estate attorney go over and approve your copy & paste creation.

Examples of Like-Kind Properties The following list of real property asset classes represents interests in real property that usually qualify as like-kind property for 1031 Exchange purposes: Single Family Residential Property Multi-Family Property (Apartments) Commercial Office Properties Retail Shopping Properties Industrial Warehouse Properties Triple Net Lease (Net Lease or NNN) Investment PropertiesAgricultural (Farm) Properties Vacant Undeveloped Land Oil & Gas InterestsMineral RightsWater RightsAir Rights Easements in perpetuityLeases with a remaining life, including options, of 30 years or more Tenant-In-Common "TIC" Investment Property InterestsDelaware Statutory Trusts "DSTs" Investment Property Interests Vacation rental properties (income producing) You can 1031 Exchange between all of these types of real estate.

Jared-If this is a triple, you are in good shape, sure I think if you could offer $170K for it and this is something they are willing to entertain great!

In those 5 years I got some cash flow from them, and prices tripled by the time I sold them ... since it was a roth IRA all these profits were 100% tax free.

Be really carefull with tenants and triple check employment status. 

We stopped them about 4 years ago due to anti dumping laws and covid prices tripled.  

Also keep in mind that your insurance is pretty much double or triple in any of the coastal counties.

I've lived and looked all over the Boston area in the last ten years and have passively invested in a few triple decker condo conversion in Dorchester.

They are historically still low but compared to 7 years back asset prices have gone up, in some cases doubled or tripled.