Purchasing Commercial Properties

Whether you're obtaining new office space for the first time, needing to change locations or expanding, at Greater R.I. Properties, LLC, my goal is to help you find the perfect commercial property for you. First, here are a few things to keep in mind when in the market for commercial property:

• Fixed costs - Locking in your mortgage rate will keep you from being subject market variations, like if you'd leased.
• Tax deductions - Business expenses are an additional source of income at year end, and purchasing a commercial space is at the top of the list.
• Autonomy - When you own your property, you've got control over your own build-out, without working anything through a lease manager.
• Additional income - As the owner, you're able to rent out additional space within your building.
• Retirement fund - Think appreciation! As you acquire equity, it will help fund your retirement.

The items listed above are just starting points when considering purchasing office space. We'll also need to investigate details such as: What kind of break area do your employees need? Do you need a warehouse or loading dock? ? Do you need a large or small conference room? Or, do you only need one small office with a lobby? By combining salient facts about your business with my expert knowledge of the local market, you'll gain maximum benefit from your commercial real estate investment. Call 401-932-9005 for a consultation today.