Some business experts recommend that a business owner purchase the building personally, and lease it back to the business. That way, the business still gets to deduct rent, while the owner gets to deduct interest from the loan from the owner's personal taxes. But the situation can get complicated. The rent you receive from your business qualifies as taxable income. Talk to your accountant and your lawyer, and investigate all the options.
Timing is everything Check the local real estate market.
If space is tight and prices are high, it's not a good time to buy. If real estate is at rock bottom, beware of buying more than you can comfortably sustain. Because real estate is a long-term investment, you need to study your area's commercial real estate history. Locations do change. As traffic patterns and demographics change, what was a good location five years ago may not be good today.