Is it LESS expensive to BUY a commercial building than to rent it?

Lower asking prices on commercial buildings may get business owners to consider buying their own building than to rent it.
By: David Jurewicz, Broker 00661096
 
Nov. 10, 2011 - PRLog -- Is it better to buy a commercial building than to rent it in today's real estate marketplace?

It's now possible to buy a 16,000 square foot retail/warehouse building on a one acre lot zoned General Commercial with two sides of the building directly exposed to Hwy 99 traffic for excellent signage and visability for only $1,360,000.  With today's lower real estate prices, it may possibly cost LESS per month to buy it than rent it!

To see more about this building, go to this site:  

http://www.loopnet.com/xNet/MainSite/Listing/Profile/Profile.aspx?LID=17409792

Across the street, there are two office/warehouse buildings for sale a total of 13,000 square feet also zoned General Commercial on one acre of land.  The asking price?  A very reasonable $700,000!  To see more about this property, go to this site:

http://www.loopnet.com/xNet/mainsite/Flash/Profile.aspx?LID=16860355

"There are many advantages to owning your own building," says broker David Jurewicz. "Tax savings for one, ask your tax advisor," he said.  But more importantly, if you believe that the economy will improve in the future, now is the time to set yourself up for great growth.  Even if you can't use the whole building today, maybe you can lease some of it out to assist you with your loan payment," says Jurewicz.

"Business owners, like homeowners need to consider if it's better in the long run to buy a building rather than rent one," says Jurewicz.

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Coleen and David Jurewicz a real estate broker team 00661096 and 00826558 have over 50 combined years in the real estate business. Like an experienced airline pilot they have strategies to land your real estate transaction if there's turbulence.
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Source:David Jurewicz, Broker 00661096
Email:***@findgreathomes.com Email Verified
Tags:Sacramento, Commercial, Real Estate, Leasing, Prices, Broker, Retail, Office, Warehouse
Industry:Real Estate
Location:Sacramento - California - United States
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