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Converting a SFR to offices
Hello everyone,
I am purchasing a 1450 sq ft 2/1 in Apopka Fl. The current layout is choppy and would require approximately $30,000 to rehab to a nice flip for residential. The property is also zoned for commercial office and is right across the street from a nice child care facility. I believe that if I rehab to make it a nice office instead I would yield a bigger return on the commercial side, however the property would sit longer on the market. The upside is that the rehab would be about $10,000 less than trying to rehab for a nice residential flip.
Has anyone converted a SFR to commercial office? Besides meeting commercial codes, such as parking, handicap access, etc, is there any other things I should consider? Thanks again!