Most foreign buyers are high net worth individuals who want to park their money there in a safe haven and they don't need BP.No restrictions apply to American buyers in the countries they'd generally want to buy, including those mentioned by Federico and many other popular countries.When it comes to Spain specifically, some more conservative banks will ask you for a 40% downpayment (that would be the maximum) but that isn't the rule.

Zoning says that it is a repair service shop, excluding automobiles, any idea if leasing out storage space would be permitted?

They bought real buidings - shopping centers, hotels for condo conversion, etc. 

I currently have a pre approval and am shopping properties and am stuck on the deal analysis side of things.

i also help with the set up, hosting and finding cleaners  I make it a one stop shop and the process makes it seamless and a sure thing with making money and keeping costs down.  

.: I'm an American living and working overseas.

Those rates would be low in my area by half .I do service work , the clock starts ticking when the truck leaves the shop and doesnt stop until the truck and men return .

At the end of the day I would check with your attorney, but I ran this interesting question by my Title Rep @First American. 

I was an electrician for over 20 years with my last electrical job being shop foreman for a custom electrical control panel shop and UL 508 specialist.

I had slept on the ground that night, me and my dog... over 1000 miles away from home pursuing the American dream.This was my second flip, I was out of my comfort zone.