My self storage business seems to meet most of the requirements for being excluded from my total assets - the business/real property is owned by a family-controlled pass-through LLC, has employees but fewer than 100, provides services in connection with its real estate holdings, and keeps separate bank accounts in the business name. 

I recently asked a commercial agent and his opinion was that I should leave it vacant to cast the widest net for potential buyers, i.e. not to exclude business owners who would want that space for themselves but would also like to purchase the entire building to rent out.

I recently asked a commercial agent and his opinion was that I should leave it vacant to cast the widest net for potential buyers, i.e. not to exclude business owners who would want that space for themselves but would also like to purchase the entire building to rent out.

I recently asked a commercial agent and his opinion was that I should leave it vacant to cast the widest net for potential buyers, i.e. not to exclude business owners who would want that space for themselves but would also like to purchase the entire building to rent out.

I recently asked a commercial agent and his opinion was that I should leave it vacant to cast the widest net for potential buyers, i.e. not to exclude business owners who would want that space for themselves but would also like to purchase the entire building to rent out.

The law specifically excludes rentals under 250 square feet.

The law specifically excludes rentals under 250 square feet.

In the city itself you should keep comps within .25 miles but exclude properties that cross significant borders such as Broad St, Market St etc.

I will be putting in the cash and he will only charge for the cost of material and labor, and completely exclude the profit he makes on his typical renovation jobs.

You should also consider the tax impact of selling the property for a profit if you haven't lived in it for 2 or more years and don't meet one of the other exceptions to exclude the capital gains from taxes.