My wife and I keep a casual eye out for properties and one came up recently that peaked our interest. Before anyone delves too deep, this is just casual. I haven't looked at the property other than what little info there is online.
5 acres in the country. A few houses nearby. Building was previously a machine shop or tool & die shop, but I cannot find records on them. Built in the 1980's. Two seperate buildings, one 10,000 sq feet of "shop", the other 2,000 sq feet of office space.
That is about all I know currently...
$229,000 asking price.
Seems an outstanding value to me?
I've never bought commercial property, so my question is... what should my next move be? Call my lawyer first? Call a realtor first? Call the bank first? Call all 3?
Probably call my insurance company first and see what it would cost to insure...
5 acres in the country. A few houses nearby. Building was previously a machine shop or tool & die shop, but I cannot find records on them. Built in the 1980's. Two seperate buildings, one 10,000 sq feet of "shop", the other 2,000 sq feet of office space.
That is about all I know currently...
$229,000 asking price.
Seems an outstanding value to me?
I've never bought commercial property, so my question is... what should my next move be? Call my lawyer first? Call a realtor first? Call the bank first? Call all 3?
Probably call my insurance company first and see what it would cost to insure...