There are five different areas of investment opportunities when it comes to commercial real estate. These include retail, office spaces, industrial, hospitality, or multifamily properties.

1. Retail commercial spaces are your typical establishments that sell products or services. These can be your local coffee shop, a mall, or a strip center full of stores.
2. Office spaces are further defined into classes A, B, or C. Office spaces that are higher-end or recently updated are usually more competitively priced and fall into Class A. Offices that are priced less competitively usually mean they are prime for renovation after purchase and fall into Class B. Offices that are much older and need immediate maintenance are placed into Class C.
3. Industrial commercial real estate properties are typically used to manufacture and distribute products. These can include plants, warehouses, or factories.
4. Hotels, motels, and some short-term rentals are included in the hospitality commercial real estate category.
5. Residential properties that include multiple units like apartment complexes are considered multifamily commercial real estate.

Commercial properties often come with higher purchase prices, increased rental income, and longer leases. This is why the location and the accessibility of the property in consideration should be thoroughly analyzed to make the best decision for the success of your investment. At Coffer Realty Group our experienced commercial real estate agents can help give you the tools you need to weigh your options and make a confident purchasing decision.

First, you’ll want to define why you are wanting to invest. Then evaluate which commercial property type is going to best suite your commercial goals. Next, you’ll need to secure your financing, identify a potential property in your desired market, run the numbers, and finally make an offer and close the deal. At Coffer Realty Group our commercial real estate agents are specialized in making this process seamless for our clients.