When you’re searching for your next storefront or office, you might feel overwhelmed with the number of available listings. However, once you’ve narrowed down the list to the locations most favorable for you, you can zero in on a prime piece of commercial real estate. Use the following three tips to help you in your search.

A Guide to Investing in Commercial Real Estate

1. Consider the Functionality

Whatever you plan to use your commercial property for, you need to be sure that property suits your needs. For example, some operations, like manufacturing, may require industrial, not commercial zoning, making the property unfit for your enterprise. If you need natural light, such as for photography, you’ll want to ensure that the windows are at the right angle to receive sunlight during the day and that there are no plans to construct a building that will impede the view. If you rely on foot traffic to support your business, you’ll want to choose a spot that allows for pedestrians, and makes it easy for your window display to catch their eye.

2. Take a Thorough Tour

While that office building might look perfect on paper, you should never commit to such a significant investment without a proper tour. For example, the listing might include the total amount of square footage in the space, not the usable amount. Recesses, columns, elevator shafts, and common areas—which can’t be used for working—may be included in this gross estimate. An in-person tour will also allow you to get a feel for the space itself, and you might be able to notice issues that might not have been mentioned, such as a musty odor or noisy train tracks next door.

3. Consider Scalability

Finally, it’s essential to think about how you see your business evolving after the move. If you’re hoping to build your team, take on a new department, and expand your network, you may need to find a property with additional offices. You may also need to consider a break room, a kitchen area, and bathrooms that are large enough to meet the needs of your team. On the other hand, a property that is too expansive will have you paying for extra utilities that you don’t need.

If you’re looking for some professional help finding and buying a piece of commercial real estate, let APPRO Development, Inc. & CERRON Commercial Properties be your guide. This two-company team is based in Lakeville, MN, and they’re proud to help clients find commercial, industrial, and retail properties. They can also help you design and build a space to meet your needs, or lease the areas that you don’t use. To learn more about their offerings, visit their website. You can also call (952) 469-2171 today to speak with a representative at this reliable property management enterprise.