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A Guide to Selling a Commercial Property for Top Dollar

Are you a commercial property owner? Here are some tips you can use to sell your commercial property for top dollar.

Whenever you need to sell a commercial property, a little bit always goes a long way. In other words, cashing a top dollar value on your commercial real estate requires meager alterations in your property that can leverage its chances of getting a higher quote. Here are some tasks that you need to undertake before listing and showing your retail/restaurant storefront, apartment/multi-family units, and land to get a high commercial cash offer

Storefront

1. Retail/Restaurant Storefront

A retail property differs from other commercial properties as the owners are either trying to lure customers or attract tenants who plan to attract customers. Therefore, the aesthetics of the place matter a lot. Here are some tips to consider before selling your retail/storefront.

  • Amp up the parking lot

Having a spacious parking lot for your customers is a win-win when it comes to attracting customers. Consider fixing the fences, potholes and repainting the guides for an elevated look. 

  • De-clutter the interior

You want your staging to highlight the minimalistic appeal of the property. Therefore, it's best to remove clutter from spaces like tables, floors, walls, etc. 

  • Maintain a professional appearance

Apply a fresh coat of paint, add accessories that accentuate the space, and clean the windows from inside and outside so that your staging looks professional and clean

  • Highlight the location

When advertising your retail space, you must highlight grocery stores, banks, eateries, and more to emphasize the USPs and attractions of the area.  

Multi-family homes

2. Apartments and Multifamily Units

Whether you have a quad, triplex, duplex, or apartment unit for sale, you must keep the following tips in mind to get a high commercial cash offer for your estate. 

  • Proper staging

While staging the apartment in neutral shades is a safe way to go about it, it's best to try different interior design elements with several color themes and textures. It will give the buyer a perspective and inspiration for designing their home.

  • Use the Space Effectively 

By adding shelves and cabinets, you can take off the floor's visual weight, making the space look more open and empty. It will also give an illusion for a larger space

  • Employ methods of water conservation 

Installing low-flow sink faucets, showerheads, and dual flush toilets can help you save hundreds of gallons of water every year. Such renovations can attract buyers and investors alike because they ensure future savings. 

  • Add convenience machines

Adding amenities like a washer, dryer, and vending machines can help the buyer value the everyday conveniences and buy your property for a higher price.

3. Land

Selling undeveloped land or farmland requires you to get your hands dirty. Here are some improvements that can ensure a better sale.

  • Be keen on first impressions.

Amp up the basics like rusty and broken gates, overgrown grass, and faulty wiring. Remember, first impressions matter. Therefore, look at the property, see if it needs improvement, and then make those. 

  • Consider adding highlights

Adding new fencing, lights, and accents like trees and ponds can accentuate the space and take your property's value to the next level. 

Looking to Sell a Commercial Property?

RE-vest Investments can buy it from you. Whether you're planning to sell your retail/restaurant storefront, apartment/multi-family unit, we will give you an irresistible, no-obligation cash offerSell your current commercial listing with ease, no fees, and no commission with us.