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.
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.