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All Forum Posts by: Sharon Carey

Sharon Carey has started 1 posts and replied 1 times.

Commercial Real Estate Investing

Post: home zoned commercial

Sharon CareyPosted
  • teacher
  • Surrey, British Columbia
  • Posts 1
  • Votes 0

We have an offer on a 2 bedroom house 3 hours from Vancouver. It is in decrepit shape, and the owner wants $69,000, but he'll take $53,000. It is in the middle of a small town, and it has commercial zoning. Is this worth buying? There are two guys living there annd they are paying $500, but they respect the property. Need advice about residential zoned commercial and will I get a return? 

0 Votes