While Apartment Buildings are designed for residential use, large-scale apartment complexes are considered commercial property because space is leased out to others as part of a rental business.
Commercial buildings are much more varied than residential properties. While residential properties are exclusively used for private living quarters, commercial refers to any property used for business activities.
Residential refers to buildings that are designed to be lived in.
- Single Family, Detached Homes
- Duplex, Triplex, Fourplex
- Some housing co-operatives
Popular types of commercial property include the following:
- Land Investments
- Large-Scale Multifamily Housing
- Office Buildings
- Retail Space
- Storage Units
- Industrial Buildings
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