Commercial real estate that includes a retail space presents a unique investment opportunity. Such spaces offer the potential for dual income streams from both the business operating within the retail area and the property itself. A building containing a restaurant with apartments on the upper floors serves as a practical example. This arrangement can also provide an owner-operator the advantage of living above their business.
Historically, mixed-use developments combining residential and commercial functions have been central to urban and village life. This type of development fosters vibrant communities and offers convenient access to goods and services. The current market sees renewed interest in this model, driven by factors such as the rise of e-commerce and the desire for walkable neighborhoods. This type of investment often provides a hedge against economic downturns due to the diversified income potential.
