Kramer Commercial Properties

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The buying and selling of commercial property is different than buying and selling residential properyt. Commercial property buyers and sellers do not use standard form agreements. either or both parties may draft terms of the sale or acquisition. **Things for the Buyer to Consider** * Is there adequate space to accomplish your business plan, and for toarge and expansion? * Is it near transporation and is there adequqte parking? * Is it zoned correctly to suit your needs? * Is it visible from major highways and near other supportive or adjunct businesses? * Is it a location with good human resource oportunities for skilled and unskilled labor? * Is it in an Enterprise Zone or will there be other tax incentives for owners? * Can you access your raw materials and will you have other shipping/receiving issues? * Is the property accessible for employees, customers and shippers or will you need to renovate? * Are there adequate fire safety features/electrical hook-ups/li ghting/heating and cooling? * Will you have to develop your own security plan or is a system already in place? * Are utilities adequate to fulfill obligations! * Are there latent liabilities, such as asbestos, toxic waste or potential repairs? * Is the building occupied? By whom and for how long? * WIll you need an experienced Real Estate Attorney? * Will you need a warranty in case the seller should misrepresent the property?