Buying Commercial Real Estate
Are you thinking about buying Commercial Real Estate for your business? Here are a few factors that may jump out to you: Square footage, price per square foot, location, and property type. If all of these factors match your needs, and you’re ready to buy, SLOW DOWN.
You may have found your dream commercial real estate property, but take some precautions first. Make sure you check the following:
Out of pocket expenses- for example, how much will utilities and maintenance cost? And what are the tax advantages of purchasing a property in that area?
Allowable uses: Some properties need to comply with zoning laws and other rules. Some cities require business to close by certain times.
Performing Due Diligence: Be sure to inspect the property for environmental contamination, structural defects, or outdated wiring. These issues could compromise your commercial real estate property and business later on.
Consult with an expert: You don’t need to go through this alone. Allow someone who has experience to help you with a decision that could impact your business in the long run. Someone like Scott Douglas with Douglas Commercial, who has over 14 years of experience as a Commercial Real Estate broker.
About Douglas Commercial:
Douglas Commercial is a comprehensive commercial real estate firm dedicated to finding the right locations for businesses and organizations in the Baltimore and Annapolis metropolitan area.We hustle to make sure that we clearly understand your objectives to find, vet, and achieve the best deal possible for you. Our sophisticated analysis, 24 x 7 availability, and deep knowledge of the market help ensure our clients meet their property goals whether it’s their first time selling, leasing, or investing in commercial real estate.
Call us today at 301-655-8253 or visit our website to learn more about how Douglas Commercial can help you.