Commercial Properties

Office buildings, medical centers, shopping centers, industrial property, malls, retail stores, hotels, warehouses, farm, land, multifamily housing buildings, and garages all are included in commercial property. In many states, for borrowing and tax purposes, residential property containing more than a certain number of units qualifies as commercial property.

Commercial real estate can be divided into four categories:

  • Retail: medical centers, hotels, malls, retail stores, shopping centers, public houses[3]
  • Office: office buildings
  • Industrial: industrial property, farm land, warehouses, garages, industrial properties
  • Multifamily: multifamily housing buildings (apartments)

Want to invest in this emerging commercial market, here are some tips:

  • Know your goals
  • Reduce your personal debt
  • Restrategise and regroup
  • Understand the cycle
  • Pay down your owner-occupied residence
  • Research & know the market
  • Look for opportunities