Buying a commercial property can be rewarding but avoiding common pitfalls is essential for long term success. One major mistake is failing to research the location market demand and future development plans. Overlooking due diligence such as building condition lease terms and zoning rules can lead to unexpected costs. Many buyers also underestimate ongoing expenses including maintenance taxes and vacancies. Rushing into a deal without professional advice or realistic financial planning can increase risk. Taking time to assess every detail helps buyers make informed decisions and protect their investment.
