We have been considering purchasing rental property (short- or long-term) in a coastal town not too far away. In our search we've come across a couple of options that combine commercial and residential properties.
One case is a downtown retail shop with warehouse space and a nice 2/2 residence attached. The residence is updated, faces the water, and seems uninterrupted by the business side, which may be a cool little VRBO-type rental opportunity. The retail space is 600sqft and the warehouse is 1200sqft, so there are some interesting options for potential businesses. The downtown area is on the water, seems to hold businesses, and is close to other activities, so both the commercial and residential aspect has a lot of potential draw.
We currently own two single-family rental homes near our residence, so we are familiar with the landlording lifestyle. I'd be interested to hear from folks who may own similar properties, or who own commercial property that may be able to share their insight. Thanks!