Real estate is something that is permanently attached to the land. This includes man-made additions on the land like buildings, houses, apartments, warehouses, shops, etc.
Real estate can be broadly classified into three broad types. They are residential real estate, commercial real estate, and industrial real estate.
Commercial properties are used for non-residential purposes like hotels, businesses, offices, retail, public facilities, industries, etc. This property will be used to run businesses. The owner can use the property by himself for business or rent it out partially or fully to the tenants.
Things to Consider Before Buying Commercial Property
If you’re looking to rent or buy commercial properties, you can start your search on IndustrialPlot. There are thousands of options at varying price points. Click the link above to start your search, or drop us a comment if you need any assistance.