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What Is A Multi-Purpose Property?
As its name implies, a multi-purpose property is commercial real estate comprised of improved land with a building that has multiple purposes or uses as opposed to buildings that have a single-purpose o use.
The primary determining factor whether a property is considered multi-purpose has to do with the design of the building and not the activity of the occupant.
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By Ryan Smith
5
1010 ratings
As its name implies, a multi-purpose property is commercial real estate comprised of improved land with a building that has multiple purposes or uses as opposed to buildings that have a single-purpose o use.
The primary determining factor whether a property is considered multi-purpose has to do with the design of the building and not the activity of the occupant.
If you liked this content, let's connect on social media:
Instagram: https://instagram.com/mysbapro
Twitter: https://twitter.com/mysbapro
LinkedIn: https://linkedin.com/in/ryanpatryck
More ThinkSBA Resources
https://calendly.com/thinksba - Schedule Call
https://g.page/thinksba - Google Business Page & Reviews
https://thinksba.com/faq - Frequently Asked Questions
https://mysbaloanpro.com - My SBA Loan Pro Podcast
https://youtube.com/@thinksba - YouTube Channel
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