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Updated over 13 years ago on .

User Stats

10
Posts
2
Votes
Dom Palladino
  • Professional
  • Collingswood, NJ
2
Votes |
10
Posts

Wholesaling a Partially Commercial Property

Dom Palladino
  • Professional
  • Collingswood, NJ
Posted

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