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Living space is considered commercial real estate

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1. Property that is exclusively used for business-related purposes or to provide a work space rather than a living space is considered commercial real estate (CRE).

2. Tenants typically lease commercial real estate to carry out activities that bring in money.

3. Anything from a single storefront to a huge shopping mall falls under this broad category of real estate.

4. There are many types of commercial real estate.It could be a restaurant or warehouse, an office building, a residential duplex, or anything in between.

5. Commercial real estate can be leased out to individuals, businesses, and corporate interests, or held and resold.

6. There are several subcategories of commercial real estate, including retailers of all kinds:restaurants, strip malls, hotels, and resorts all include office space.

7. Properties used specifically for business or income-generating purposes are referred to as commercial real estate.

8. Commercial real estate is different from residential real estate in that it can make money for the owner through capital gain or rent.

9. Office space, industrial space, multifamily rentals, and retail space are the four main types of commercial real estate.

10. Investors can reap the benefits of capital appreciation and rental income from commercial real estate.

Reference no: EM133284308

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