Commercial Property Wholesaling

[Sarah S.]

Recently seems I have been receiving more Sellers calling with Commercial Properties and one is under my radar currently. It is not a huge commercial deal so wanting to get feedback on it. The building is an old church in very nice condition and the layout provides many options for it to function as something else. It has been well kept and $20,000 of repairs needed. Value is $185,000 and Sellers recently dropped price to $75K after being on the market for over 180DOM. Property is located in a small town but in a high traffic area there and right next to the regional hospital. I negotiated the deal down to $50K and exit strategy is to Wholesale it. I do have a 27 day due diligence period. 

I have been studying and watching videos and have seen many Wholesalers contacting NTs (National Tenants) and getting them into a lease in order to add even more value so the Wholesaler now can ask for a higher fee from their Buyer because of added value. Has anyone done this and is it worth the time vs just a straight commercial wholesale deal? I have spoken to hospital admin and other businesses on the street just to get a feel of what residents could benefit from and hospital says they all wish there was a CVS, Walgreens or Rite Aid nearby or even a rooming house for families to stay when a family member is hospitalized, or a nice restaurant accessible which causes me to think maybe a small NT may sign a lease but I am not sure.

I feel the price makes it a good deal but just looking for feedback. This would be my first commercial deal so before signing contract later today, would like to hear from those who deal with commercial properties. Thanks!