Commercial vs. Residential Property
While the phrase ‘investment property’ tends to be associated with residential property, commercial property can be equally rewarding for developers and investors. While the basics of investing in commercial property appear to be similar to residential property, there are some important differences. In this article, we consider the key differences between the two property categories.
‘Commercial’ is Broader Than ‘Residential’
While residential property is a discrete and fairly narrow category unto itself, the term ‘commercial’ covers retail, office, and industrial properties. These three categories are quite distinct and may operate according to their own cycles with different implications for investors and developers.