I am currently under contract on a commercial space w/ over 9,000 SQ.FT - high-quality block & brick construction, stage three electric, new rubber roof, etc.

I believe it was most recently used as a retail store judging by a old walk-up counter in the front of the building... the building requires slight work w/ an estimation of $25K on the extreme end.

The building is split in half w/ a stick framed wall causing a split of about (43 X 60) on the side closer to the street w/ a (10 X 10) office space that has a bathroom, as well as an additional (5 X 6) bathroom accessible from the entire front portion of the building.

The back half of the building measures (30 X 70) w/ an additional framed wall in the back for an additional (10 X 70) storage space... the back half of the building has a second story walkout & walk-down access to the basement.

Additionally, there is a basement sized (43X41) w/ an exterior walkout.

I intend on putting this building out in phases....

- The first being converting the (10 X 70) space into seven (10 X 10) storage spaces aimed for paper storage for professional offices such as title companies, real estate brokerages, etc... the income from this will cover the seller financing note I have on the property.

- After that, it's to the front of the building... there's a few general renovation tasks that I won't bore you with but I will be putting a garage door in the front of the building to make this space indoor car storage for at least fifteen cars... this portion of the building isn't over the basement but I'll wait until a structural engineer gives me the okay before I start this project.

- I'll also be putting a front door on that (10 X 10) space when we're adding the garage door to have the option to rent it out but I'm most likely going to keep the space for myself.

- Once complete w/ the front of the building I'm likely going to mirror the storage setup onto the other side of the building in the back partition... I will combine the hallway & storage space found in the front & back of the building so I'm able to reclaim space & mirror the room's storage spaces.

- Lastly, the basement... I don't have anything set in stone yet but I would add either a warehousing tenant (there's drive-up access to the back of the building) or two apartments... I'd have to figure out the costs of adding an apartment in a basement, which I haven't done quite yet... zoning is not a concern.

- - - - -

Well, what would you do? I'm not really asking for advice as much as I'd like to see there be a conversation on this thread... this is a lot of space & I think creativity can flow on commercial projects, which is why I like them so much.

I'll attach the floorplan but keep in mind that they aren't 100% accurate, these LiDAR scanners aren't perfect yet so that's why the square footage is off at the bottom... I'm using it more as a visual.