We have ideas on ways to capitalize on the space and encourage timely payment compliance from the renters, which he did note has been an issue.A restaurant right near it has just changed hands for no less than $220k.My question to you guys is two fold: What else would you be looking at/for?

It is also situated in the heart of downtown with walking distance to restaurants.

That is one thing I look for... the conversion of abandoned buildings and the influx of trendy restaurants.  

(Also, Cameron Diaz used to come into the restaurant I worked at in high school!)

Listening to podcasts of how people do it in the midwest and trying to apply those numbers in California is like trying to open a fine dining restaurant based on watching the guys behind the counter at McDonalds. 

Hi everyone,My family owns commercial (2 buildings, one was a former restaurant w/ apt upstairs) and residential (10 units, 3 houses) real estate in the Oneida NY area.

Hello everyone.

I purchased a corner commercial property that I plan on doing some TLC to, to prepare it for renting out. The property is on a main road, corner lot 150x100. My idea was to renovate the existing free...

Depending on your budget, you should be able to tick some or all of the following boxes: VIEWS, convenience of location (Close to restaurants and coffee), quiet, nearby trails, amenities (golf, gym, pool, etc), and of course the normally desired quality and size of home/furniture/etc.There are condos that can be rented nightly, priced under $300k.

I threw my work's large Xmas party a few years ago and about half the restaurant's, I called didn't call me back. 

People focus on students not being able to pay their loans as the bubble "popping" but many college towns have overbuilt dorms, apartments, condos, restaurants, commercial strips, etc. because enrollment has been growth by leaps and bounds every year and every student has a pocket full of low-interest money backed by the government.