You need to see saturation levels for the area for the product type retail, medical,etc. you are thinking of.

At the time, I had a successful retail management career but when I turned 23 I went through a process of what I call metacognition.

How much cash you can take out will depend on a few things:Income on the property - if the property is not a source of stable cash-flow, that would be the biggest issue.Strength of the leases - who are the retail tenants?

Good luck finding those people though.Commercial/retail is a completely different ball game.

Why buy retail? 

Positive Cashflow That price is close to the retail value (Zillow & iCOmps).The house can appraise to $325K (just based on recently sold house in that area and income) I am having a hard time marketing this house.

If you bought it for retail  price and you are moving out of state, I would  sell it, take the tax free profit, and buy in my new hometown once you know the market there.

If you are "broke" as you say and can't afford top dollar, he will just move onto another investor or better yet a retail buyer who is looking to live there.

My goal is to build a portfolio of rental properties, beginning with residential, then multi-family, maybe some retail, etc. in the future.

You can get these homes much cheaper than retail price.