Tips on evaluating Commercial property

[Frank Capaldi]

I am currently interested in buying a commercial building with 6 units and an acre of buildable land. What should I be looking at to evaluate the property?

[David Sisson]

Be sure to learn all you can about zoning, wetlands, FEMA/flood lines, and any other restrictions. Zoning in terms of use (what kind of businesses can you locate in the building?), zoning for parking (how many spaces would be required based on different types of uses?

Talk to city planning (Warwick?) about future plans for the area/site. 

Look in to building code issues too. Many properties in Warwick are not ADA accessible, which may or may not be an issue for different uses. What about fire alarm, sprinkler? Do they exist? Would you need them? 

What construction type is the building and what does that allow for uses? 

These are all "what can I do with the building" questions and also "what might be required if I change what the building's being used for" questions.