pros and cons of 4-unit that also has a commercial storefront

[Dan C.]

It's very common in the old parts of Milwaukee to find small commercial storefronts which also have 2-4 residential units.

I found a 4-unit which I like purely on the merits of the residential units. I like it enough I may make an offer even if there is some downside to the storefront. The four apartments are occupied. The storefront is empty now, it recently lost a convenience store.

I am curious to hear any pros and cons of this configuration people might suggest.

[Carl Schmitt]

Rather than renting the store front, could you put you're own laundromat? Possibly partner with an experienced laundromat owner? I know someone that evicted the tenant in the store front of their apartment building and did this. He sold it 20 years ago and I still hear h talk about how great it was