Tips on selling Penticton commercial real estate

Are you looking to sell Penticton commercial real estate? Here are some tips and what you’ll need to do to get your commercial space ready for sale.

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When listing a Penticton business for sale you’ll need to realize that it can take some time. It generally takes longer to sell commercial real estate than residential real estate. You may need to prepare yourself for a slow start and have a plan to accommodate that.

 

 

 

Learn about the Appraisal Process

As with selling your commercial property, appraisals for commercial properties are much different than residential properties. Ask your commercial realtor Penticton what you need to ask, and what you will need to provide the appraiser.

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Do a good inspection of the exterior of your building. Make sure the parking lot is free of any garbage and debris. It may be a good idea to power wash the concrete as well. While you have that power washer out, take it to the exterior walls of your building, and also give those windows a good clean, and repair any broken or cracked windows. Lastly, make sure that any plants or trees near your building are trimmed down, so that they are not blocking any windows.

Don’t Neglect the Interior

Inspect the interior of your commercial space to ensure there is everything is in tip top shape. If there are any scuffs on the wall or chipped paint, you may want to give it a new paint job. Also check the floors or carpets. Vacuuming and steam cleaning the carpets will get rid of any odors and give it a brand new look and feel. Also clean up any clutter and store any boxes away in a storage locker.

Those are just a few tips for selling Penticton commercial real estate for sale. For more information contact Peter Byrnes today!