Commercial real estate is a logical next step for small investors who want to move up from single-family homes or for anyone who wants the potential for big gains. Why? Commercial properties can give you more bang for your buck due to economies of scale.
What is Commercial Real Estate?
Commercial real estate is usually any building that is used for business purposes or a building that is meant to generate a profit (like an apartment complex). It covers a diverse group of structure types and uses, including:
- Multi-family residential buildings
- Retail shopping centers
- Warehouses
- Industrial complexes
- Mobile home parks
- Medical offices
- Self-storage facilities
- Hotels, motels, and resorts
- Office buildings and complexes