What to Look for When Buying a Commercial Building

What to Look for When Buying a Commercial Building

Commercial buildings can be a bit tricky and nerve wracking to buy. Park Range Construction has worked to help renovate a lot of commercial buildings. Thus, we know a thing or two on what you want to look out for when buying a commercial building. Take a moment to evaluate the building you’re considering buying and see if it even reaches the “buying” standards. This can end up saving you a lot of money. You don’t want to buy a building and then find out after you’ve signed the papers that there is a major issue. So, what do you need to look out for when buying a commercial building?

When it comes to the building itself, you’ll want to make sure that you take a moment and evaluate the condition of the building itself. Put your eagle eyes on and walk around the property evaluating all aspects of the building. If you don’t know what you’re looking at then as it is advisable, as for all of buyers, to get the building professionally inspected. However, you want to go in with knowledge so that as they take walk you through it, you know what you’re looking at and what questions to ask.

As you walk around the outside of the property you’ll want to see if the property was taken care of. As you look at the pavement, cubs, walkways, landscaping, sprinklers, lighting fences, drainage and the like think about what condition it is in. If the building is x amount of years old does the condition reflect that or was it well taken care of and repairs made when needed? When you think of the structural side of things you want to look to see if there are any cracks or leaks that were neglected. Or what about the roof? How old is it? When will it need to be replaced and what will be the cost? These are the same questions that you need to ask when it comes the mechanical system, interior components, as well as the rest of the building systems. You want to make sure that the building is up to code as well. After getting all your questions answered and you get the comprehensive report back, you need to think about if the pros outweigh the cons.

Park Range Constructions has been able to help renovate many commercial buildings. We can help make your business thrive. Whether you need walls put up, foundation fixed, drainage redone, or painting then call us. We can help you with all your renovation needs at competitive pricing. We want to help you get your business up and running!

Published on 6-12-2019