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- Real estate property utilized for business purposesCommercial property is a real estate property utilized for business purposes1. It usually refers to buildings that house businesses, such as office space, shopping centers, hotels, and service stations23. However, it can also include land used to generate a profit, such as agricultural land, or large residential rental properties24. Commercial property covers a wide range of business properties, such as churches, schools, marinas, and theme parks4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.What is Considered a Commercial Property? Commercial property is a real estate property utilized for business purposes. This definition includes: shopping centers hotels manufacturing facilitiesullianrealty.com/what-is-considered-a-commercial-…Commercial property is real estate that is used for business activities. Commercial property usually refers to buildings that house businesses, but can also refer to land used to generate a profit, as well as large residential rental properties.www.investopedia.com/terms/c/commercial-propert…Commercial property is real estate that is designed for use in specific types of business situations. Unlike industrial property, which would include manufacturing plants, property for commercial use encompasses business properties such as office space, shopping centers, hotels, and service stations.www.smartcapitalmind.com/what-is-a-commercial-…The overall commercial real estate umbrella includes but is not limited to apartments, land, retail properties, churches, theme parks, schools, marinas, self-storage facilities, government real-estate, industrial properties, and office spaces.elifinrealty.com/what-is-considered-commercial-rea…
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WEBJul 31, 2023 · Commercial real estate (CRE) is property used exclusively for business-related purposes or to provide a workspace rather than a living space. It can include office space, industrial, multifamily rentals, and …
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