Buying Commercial Real Estate is more complicated than buying a house. You want to work with a commercial agent with experience in the type of property you want to purchase. Lending requirements for commercial property are different from residential property. Contracts and forms are different from residential. There are different laws and requirements for commercial real estate from residential properties.
There are several types of commercial properties to include undeveloped land, strip centers, individual buildings, multiple buildings, special use properties, multi-family and properties with businesses included.
Oak Realty has experience representing buyers in all of these types of properties. We work with developers (including myself) and builders (including myself) to develop undeveloped land into our clients required property.
We work with our clients to purchase properties that have deferred maintenance and/or complete remodeling to turn the property into our client’s custom designed property.
Our experience in buying businesses with either a lease or purchase of the real estate gives us the experience to turn a building into a design for a special use and functionality.
Oak Realty and Maximum Business Brokers (broker/owner of both) has the experience to represent you in purchasing your next project or business.
A 1031 Exchange is a method to defer taxes paid on capital gains and increase the sales market. This method is used by small and large properties with the transfer of title of like kind properties. The taxes paid are deferred to a later date and may be deferred more than once. This is accomplished with the use of an Intermediary. I have experience with the 1031 Exchange process and have personally used it.
Call for a confidential discussion of your interest in buying commercial property. Larry @ 713-410-0686