Commercial real estate in Washington can be a financially advantageous investment option. Commercial real estate properties have the potential to make considerably more income than residential properties. However, before investing in Washington commercial property for sale, take the time to conduct a thorough commercial property analysis.

If you are new to the commercial real estate industry or have never purchased Washington office space, it is wise to obtain the services of reputable commercial real estate agencies in Washington. WA commercial real estate firms have experienced Realtors with the knowledge to orchestrate successful commercial real estate transactions.

Before purchasing property from Washington commercial real estate firms, do your homework and analyze the following:

1. Where is the optimal geographic location to invest in commercial properties in Washington?

2. What type of Washington commercial property is most appropriate for your finances, time, skills and real estate portfolio?

3. What is the potential income generated from a Washington commercial property lease?

Action Steps
The best contacts and resources to help you get it done

Purchase commercial real estate in Washington in areas experiencing economic development and growth

Commercial real estate property location is directly proportional to the property's income potential. Research the commercial real estate property's accessibility to major roads, area crime statistics, neighborhood appearance and local economic growth. Examine future plans for the geographic area, including pending economic development or revitalization proposals.

I recommend: Tomlinson Real Estate specializes in commercial real estate in central Washington, eastern Washington and surrounding areas. Search for commercial properties in Colfax, WA at Kincaid Real Estate. Research market data for the Seattle area at Lange-Peizer, LLC.

Invest in commercial real estate in WA that is a good fit for your resources

There are several different types of commercial real estate property types: hospitality, industrial, office, retail, multi-family and land. When determining what type of commercial real estate property to purchase, evaluate your available resources, including your skills, abilities, time and finances. You may have the money to purchase a large retail property, but don't have the time to work with dozens of tenants; so analyze your resources before making a Washington commercial real estate purchase.

I recommend: Find a Washington office lease at Commercial Space Online, Inc. Chiles & Company, Inc. provides brokerage services for a wide array of commercial properties, and offers specialized assistance in port properties, church properties, law firms and medical offices. Unico Properties, LLC offers property management services for commercial investors who don't have the time or resources to manage tenants.

Buy commercial real estate in Washington that will quickly turn a profit

Carefully estimate the amount of money you plan to make each month from your commercial properties Washington investment. In order to realize your investment potential, you will need to make considerably more from tenants than your monthly expenses. Analyze local commercial real estate properties to determine their rates in renting space and retaining tenants.

I recommend: Estimate your monthly mortgage payments using the mortgage calculator tool at Bob Glover, ReMax Northwest, a residential and commercial real estate agency in Washington. Find commercial real estate in your price range using the property search tool at Windermere Commercial, one of the few exclusively commercial real estate agencies in Washington.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Prior to purchasing a commercial business from Washington commercial developers, research local zoning regulations. Find out what zoning laws apply to your prospective property and how zoning regulations may affect leasing opportunities.
• •  Before making an offer on a commercial real estate property in Washington, do a competitive market analysis to determine the price of comparable commercial properties for sale in Washington. A competitive market analysis will ensure that your price is based on fair market value.