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Updated over 13 years ago,
Wholesaling a Partially Commercial Property
So I am in the process of getting a property under contract that is zoned as partially commercial. A small insurance agency was run out of the property, on the first floor. The property is in a completely residential area, and has all of the characteristics of a 3 bed 1 bath house, however, the living room and dining room are office space. The current owner said that the property is partially zoned commercial.
Is there a process I would need to follow to change this to a 100% residential property? Does the current status even make a difference when wholesaling? Do I possibly need to market to only people that are interested in running a business out of the property?
This is in New Jersey, if that makes any difference.
Any help would be appreciated.
Thanks,
Dom