Turning a 3/1 SFH into a commercial office building

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I'm looking to find out some information on turning a residential SFH into a commercial office space.

I have a property in mind that has been on and off the market at a fair price for about 3 years now. I don't believe that the property has much potential as a rental or reselling it as home because of it's location on a busy street near many businesses in the middle of the city. However, I do believe that turning it into a commercial office space would give it more value. So with that in mind, what are the steps one would take should they decide to turn a residential zoned property into a commercial office space? Any drawbacks? Things to keep in mind when deciding if this would be a good move?