1. Land Investments
Investing in raw land can be extremely lucrative for an investor who understands the market. There are several ways to make money with land. If you own farmland, for example, you could allow local farmers to use the land to grow crops or raise livestock.
2. Office Buildings
Office space is often in demand in cities big and small. If you live in a major metropolitan area, for instance, you could invest in a high-rise with multiple office units. If you live in a quieter town, you could opt for a medical office with a single tenant.
3. Retail Space
Investing in retail space is similar to investing in office space in terms of the way you can make money. One important thing to consider when investing in retail space is location.
4. Storage Units
Storage units don’t exactly sound glamorous but there’s definitely money to be made with this kind of real estate investment. You don’t have to invest in a large market either.
5. Multifamily Housing
Multifamily housing is a complicated way of saying apartment buildings. Even though these are residences for the people who rent out the units, they still fall under the category of commercial property.
6. Industrial Property
Industrial property can mean lots of things – warehouses, manufacturing facilities, research facilities and the like.
Each type of commercial property has different risks and rewards. When you’re comparing properties, it’s a good idea to ask yourself some questions. How much income do you expect the property to generate? How long do you want to hold the investment? How hot is the market for this type of property? How much risk are you comfortable with?
The more research you do beforehand, the better your chances of succeeding as a commercial property investor.