A mixed-use commercial residential community combines the best aspects of residential and commercial properties for a unique mixed-use experience that increases value and adds a desired number of bedrooms and bathrooms. Mixtures of retail and office space are common in mixed-use communities, but they are often complemented with retail plus one or more offices on the same block or floor. This allows tenants to have access to all of their Google power within walking distance while still being within walking distance of the amenities they use every day.
An attractive mixed-use commercial residential community offers the benefits of a residential community with the convenience of a shopping center and ample parking for tenants. Retail space is mixed in with restaurants, boutiques, movie theaters, and other various uses. Large open spaces are common in mixed-use communities, and you can often find parks and recreational areas out in the back. The mixed-use aspect makes it easy to expand your business in the future should you desire it. You don’t need any separate permits, zoning changes, or approval to convert a mixed-use commercial property into a mixed-use residential property.
A mixed-use residential community offers great benefits to owners of small businesses. They are able to draw tenants from the surrounding area, as well as national and international shoppers. Businesses in a mixed-use commercial property are rarely seen as competitors. In fact, they can work hand-in-hand with each other by advertising in the same newspapers, promoting the same deals, and offering each other help when needed. This creates a win-win situation for all parties involved.
A mixed-use commercial property can be a great investment or can just be a wonderful place to call home. It depends on the owner. But whatever type of mixed-use property you want to call your own, you will find that it’s much easier than you think.
In order to get started, you’ll need to research the different mixed-use options available to you. There is a large number of commercial properties that are considered mixed-use. Some of these properties include grocery stores, warehouses, and industrial centers. Others, such as hotels, are generally seen as fully retail properties, offering a variety of retail services to customers, as well as some office space to small businesses.
There are also mixed-use commercial properties that fall into a totally different category, such as office buildings. Here, business owners can choose to lease space for their own offices, or for those of other businesses. In this case, the mixed-use property owner may also have access to public funding in order to help mitigate the costs of improving the commercial property. No matter what type of mixed-use property you’re looking for, you’ll find that there are plenty of different options available to you.