Commercial properties (also called investment or income properties) refer to buildings or land intended to generate a profit, either from capital gain or rental income. Commercial properties include office buildings, industrial properties, medical centres, shopping malls, hotels, retail shops, agricultural land, warehouses, garages, etc.
Types of commercial properties
Commercial real estate is commonly divided into six categories: leisure (hotels, public houses, restaurants, cafes, gyms), retail (retail stores, shops, malls), office (office buildings, serviced offices), industrial (office / warehouses, garages, distribution centres, industrial properties), healthcare (medical centres, hospitals, nursing homes), multifamily (apartments).
Of these, only the first five are classified as being commercial buildings. Residential income property may also signify multifamily apartments.
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