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communick@indiehackers.space

Just acquired a 5,000 square ft building for pennies on the dollar. What business should I start with it!? (alien.top)

submitted 1 year ago by FewHearing5@alien.top to c/entrepreneur@indiehackers.space

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Just outside of town, hell of a deal. So far people here have suggested a car lot, a wholesale scratch and dent appliance warehouse, flooring store. Would love input and ideas!

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[–] GreyTrader@alien.top 1 points 1 year ago

You work to live, not live to work.

Sell it or rent it. If you have no debt on the property, just get it rented. As many people have commented, commercial space is abundant.

You have to aggressively undercut the vacant market, but if you acquired this parcel for actual pennies on the dollar, undercut the vacancies by 25-50%, get it rented long-term, and just collect.

If you have to ask the question, "what kind of business should I start", I strongly suggest you not take that avenue.