The 6 Types of Commercial Real Estate Property.
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1. Office Buildings
Uses: Professional workplaces, such as law firms, tech companies, or coworking spaces.
Types:
Class A: High-end buildings in prime locations with premium amenities.
Class B: Well-maintained buildings in good locations but with fewer amenities.
Class C: Older buildings needing renovation, often in less desirable locations.
2. Retail Properties
Uses: Spaces for businesses that sell goods or services directly to consumers.
Examples:
Strip malls
Shopping malls
Standalone retail stores
Restaurants and cafes
3. Industrial Properties
Uses: Spaces for manufacturing, production, storage, and distribution.
Examples:
Warehouses
Distribution centers
Research and development (R&D) facilities
Light or heavy manufacturing plants
4. Multifamily Properties
Uses: Residential buildings with multiple units that generate rental income.
Examples:
Apartment complexes
Duplexes, triplexes, and quadplexes
Townhouses (if rented out as investment properties)
5. Hospitality Properties
Uses: Accommodations and leisure services.
Examples:
Hotels
Resorts
Motels
Short-term rentals (e.g., Airbnb)
6. Special Purpose Properties
Uses: Unique spaces designed for specific functions.
Examples:
Movie theaters
Amusement parks
Stadiums
Religious buildings
Schools and educational facilities
These categories help investors, brokers, and businesses analyze properties based on their use, income potential, and investment strategy.
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