So I've been trying to get a commercial rental listing on a vacant unitthe landlord says that he may want to sell his building and that one of the most attractive parts about his building is that the purchaser can write off or get a rebate on tenant improvements for this vacant unit which is more attractive than having a tenant that pays rent.I am thinking that it would be better to have a tenant that pays rent because the purchaser will likely be a developer that sits on the property and uses the rental income to defray expenses.What do you think?

I believe the CoA could be improved as it was set up based on some advice from the previous CPA. 

But here's the other shoe in your case - You cannot exchange into improvements on property you own. 

If you have made improvements to the property to increase its value, the property has appreciated significantly, or you have built up a good bit of equity through pay down you can refinance the loan and pull out the equity you have built in cash. 

So basically my only hope is to improve the interior/exterior quality if I want it appraised high enough to be able to pull my initial money out?

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It says 104K in depreciation and 112K for cost of improvements, yet it doesn't subtract that amount, but settles at 202K for indicated value.

Make sure the beginning of that plan includes improving your financial situation.

You can maintain them, and make necessary repairs to already tenanted apartments, but not actively rehab or improve.