Commercial property includes office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land, warehouses, and garages. In many states, residential property containing more than a certain number of units qualifies as commercial property for borrowing and tax purposes.

Commercial property includes malls, grocery stores, offices, industrial estates, manufacturing shops and more. The performance of commercial property — including sales prices, new building rates, and occupancy rates — is often used as a measure for business activity in a given region or economy.