Commercial Property

Definition of "Commercial property"

Judith Ann New GRI,ABR,CDPE,CIAS,IRES,ATWD,ACCRS,RSPS real estate agent
Judith Ann New GRI,ABR,CDPE,CIAS,IRES,ATWD,ACCRS,RSPS, Real Estate Agent RE/MAX Realty Team

Business property, such as and office building, retail stores, medical center, or hotel, that operates with a profit. A risk/return relationship exists in commercial property. The return is comprised of the net rental income and capital appreciation in price. See also residential property.

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