I want to buy a building. (You usually find buildings like these in cities). The top floor or two floors is the residence/apartment and the bottom floor is a store). What is this called? Does anyone know of the tax implicatons of such structure? Would I go to a real estate agent who specializes in commercial realestate?
2006-11-05 14:43:05 · 3 answers · asked by Because 3 in Business & Finance ➔ Renting & Real Estate
I believe they are referred to as mixed use buildings and are classified as commercial structures. Your local agent would have access to these type of properties if they are norm in your area.
2006-11-05 15:25:25 · answer #1 · answered by tianaramal 4 · 0⤊ 0⤋
first you did not tell where your location is. but if you are here in the Philippines well the place where you can put commercial at the first floor and at the same time residents at the second floor is still designated as commercial. it also fall sometime as semi-commercial if your place is at the residential zoning and yet you have commercial part of your building. May i know which location do you want to have a property, are you renting or buying, actually i am an agent you can e-mail me at sc_rieta@yahoo.com, maybe i can help. thanks.
2006-11-05 23:34:38 · answer #2 · answered by picturesque 3 · 0⤊ 0⤋
This is regarded as commercial property..
2006-11-06 01:01:19 · answer #3 · answered by MeInUSA 5 · 0⤊ 0⤋