Write an article based on this "Identify the type of commercial property you want. Visit bank websites. Search the listings at Loopnet. Monitor local real estate auctions. Work with a real estate broker."
There are many types of commercial property, and you'll have an easier time searching if you narrow down what you are looking for: Retail buildings Office buildings Warehouses Apartment buildings Mixed-use buildings (which can house both office space and apartments) Banks list their properties on their websites. Just type the name of a bank and "REO" into your favorite search engine. Some banks with REO commercial properties include the following: US Bank Wells Fargo BMO Harris This website has listings for bank owned commercial properties around the U.S. You can find them at http://www.loopnet.com/bank-owned-properties-for-sale/. Register for free to access the website's premium listings. The listings will state the size, price, and type of commercial property, such as street retail, office building, residential, and more. Look in your newspaper to find upcoming auctions. Banks always try to auction their REO properties before listing them for sale. Statistics show that most properties at auction are never bid on. Because of this, auctions are a good way to identify commercial properties that are soon to be on the market. An experienced commercial broker can find listings that are otherwise hidden from you. Find a broker by looking in your phonebook or asking another investor who they used when buying commercial real estate. Make sure whichever broker you hire has experience with commercial properties.