Commercial Real Estate Chino CA - Definition and Types | E-Tree Homes
What Is Commercial Real Estate? Commercial real estate is a property only used for business purposes or as a place to work, not as a place to live, which is what residential real estate is. Most of the time, commercial property is rented out to tenants who use it to make money. This expansive real estate sector might contain anything from a single shop to a massive shopping mall, depending on the size of the retail space. There are a lot of different kinds of commercial property. It could be anything from an office building to a duplex to a warehouse or restaurant. Commercial real estate may be a profitable investment for individuals, firms, and even corporations if it is rented out or held onto for the possibility of a future sale. The Basics of Commercial Real Estate The two main types of real estate property are commercial real estate and residential real estate. Residential properties are buildings only used for living in and not for business or industry. As the name suggest...