Combined commercial/residential property - help analyze

[Ryan Smith]

I am a new investor looking to acquire my first investment property. I'm taking the 90 day challenge and have been analyzing mostly multi-family properties. However, I learned about this property which is mixed residential and commercial. I have looked at it and everything is in great shape, but I'm concerned about the commercial units. This is on Main Street in a small town with about 1200 people in the borough limits. It's hard for commercial businesses to survive on Main street here and I'm nervous about filling the commercial spaces consistently. Since I'm new to this, I'm looking for advice about it. The listed price is $219,500 so I'd have to get the seller to come down considerably for this to even be a possibility. Am I wasting my time with this one? Thanks for your input!

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