I am considering purchasing a restaurant (business and building).

Purchase price: $5,000 Cash invested: $110,000 Sale price: $230,000 Commercial property (Restaurant) build operated and sold.

What am I not thinking about besides restaurant vacancy and the fact that I have zero experience owning or even looking at a restaurant to determine what makes it “good”?

A single family, close to schools, restaurants, significant locations of work such as hospitals, and military bases.

It is in the downtown area of a major suburb adjacent to a park, municipal buildings, multifamily new builds, SFH new builds, restaurants, bars etc.

It's got a downtown feel, with walking distance to bars, restaurants and entertainment on State St.

.- Amenities: Neighborhoods with desirable amenities like parks, shopping centers, restaurants, and entertainment options may receive a higher rating.- Accessibility: Neighborhoods with good transportation infrastructure or easy access to major highways may receive a higher rating.- Safety: Neighborhoods with low crime rates and high levels of safety may receive a higher rating.- School quality: Neighborhoods with good schools may receive a higher rating, as many families prioritize access to quality education.- Housing prices: Neighborhoods with high housing prices may be considered more desirable and receive a higher rating.Here are some examples:A-rated neighborhood: Beverly Hills in Los Angeles, California.B-rated neighborhood:  Columbia Heights in Washington, D.C.C-rated neighborhood: : East New York in Brooklyn, New York.

And I started telling people, "You better figure out a way to work yourself up the value chain because this is not going to last."  

It is a downtown feel that's walkable to nightlife, restaurants and shopping.

Tim Haag just posted his about his company that manages renovations in a BP discussion chain, but I'm not confident in my ability to link it here.