Searching for Commercial Real Estate for Sale: Pittsburgh Tips to Find the Best Properties
When it comes to finding commercial real estate for sale, Pittsburgh is one of the best places to be. Even if you’re just starting out as a real estate investor, the city has a lot to offer in terms of good quality, affordable and efficient money making commercial real estate properties.
Pittsburgh regularly features many multifamily apartments, land lots, office spaces and real estate properties designed specifically for retail businesses.
In many cases, however, it is extremely important not to buy without first considering what you truly need. Depending on whether you want to resell the property, use it for your business, or rent it out to tenants, you’ll find some of the points below will vary in their importance. Nevertheless, all of them are crucial in terms of knowing more about the commercial real estate for sale Pittsburgh experts would recommend for you.
Aim for Enough Square Footage
Square footage is essential in almost every case. Unless you want to start a repair shop for small electronics and appliances, where you’ll only need a work desk, a few shelves and the tools required to do your work, it’s important to get a larger space.
Here are some aspects to consider:
- First determine the extent of your business. If you’re in real estate, how many tenants would you like, and how much would you charge per rent?
- If you’re running a retail business, find out how much square footage you’ll need to store the items you or your employees will sell.
- Of the square footage that’s available, how much of it will you really be able to use for your business?
When it comes to looking for quality commercial real estate for sale, Pittsburgh experts point out that less square footage will usually spell a lot of challenges in the long run. Not only will you have practical difficulties, but your clients will be put off by the crammed up space, and next time they’ll likely visit one of your competitors instead.
Classy Signage and Exterior
If your business is based on advertisement and marketing, it’s important to get a well-designed, well-decorated building that also features appropriate signage solutions. A restaurant, coffee shop or fast food place that looks bland and can’t display the daily specials properly won’t get as many hungry visitors.
Also, signage can be great if your business is oriented toward technology. So if you can’t get properties that come with high end signage solutions, at least make sure that the infrastructure is in place.
Security is paramount when you’re looking for commercial real estate for sale Pittsburgh investors wouldn’t pass up. The exterior and immediate vicinity of the building you buy, including parking lots and outdoor spaces, should be easily protected from the outside environment.
Make sure all the gates and fences are properly in place and that the property has strong doors and windows to promote safety and security. In most cases, an existing security system isn’t always mandatory, since you’ll probably want to replace it with a brand new one anyway.
Keeping these points in mind will help you make your decision about the property you buy from a more informed and mindful place. Fortunately, when it comes down to the best commercial real estate for sale, Pittsburgh has a lot of great options that will likely fit all your requirements.