Strata fees and people not wanting to share space with other people is causing a significant drop in prices.

Is there any way to do a value add, you mentioned the basement. is there any living space down there?

Have them not anything wrong (carpet condition, paint, yard, etc.)I just helped with a lease of some commercial space for a non-profit I sit on and their leasing agent didn't do this.

For a linear array of 14 spaces, including installation, I was quoted about $28k for full cantilever (posts at the very end) or about $25k for semi-cantilever (posts offset from the end by 7.5'. 

I do have some contacts there, specifically in the luxury short-term rental space.

Hi @Adanna Davis, the things you can do to compete in this space are one or the other of these:- Compete on price- Offer something the others don't.In my (limited) experience, price is usually the most experience and least enjoyable sphere to compete in. 

Everything with housing has slowed to a crawl as well, so it's unlikely they'll get their updated voucher, find a new place, and get inspections done within a reasonable timeframe.

And most definitely talk to a real estate broker or agent to run numbers to see what the highest and best use for that space will be.

Once you get into the commercial space, some lenders will look at the property in order to assist in financing.

I already nixed it because the living space was miniscule but it's good to get your nod!