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All Forum Posts by: Dan L.

Dan L. has started 27 posts and replied 121 times.

Commercial Real Estate Investing

Post: Commercial Property at a Seasonal Beach

Dan L.Posted
  • Rental Property Investor
  • Albany, NY
  • Posts 125
  • Votes 47

Hi All!

I just purchased Commercial Property one block from the beach in a seasonal beach town.  The town is very busy June - August/September, but pretty quiet otherwise.  Small town in Western New York, but the property is on a main road that goes along the lake to other communities.

The land is 95 feet road frontage by 118 feet deep.  Currently full of trees, but I'll have them taken down.

Looking for ideas. NNN lease sounds ideal, but probably hard to get? Or do I build a small 'strip mall' (2? 3? stores) and rent them out? Other ideas?

Thanks!

0 Votes