Commercial residential or commercial property, likewise called business realty, investment residential or commercial property or earnings residential or commercial property, is realty (structures or land) planned to generate an earnings, either from capital gains or rental income. [1] Commercial residential or commercial property includes office buildings, medical centers, hotels, malls, stores, multifamily housing structures, farm land, warehouses, and garages. In numerous U.S. states, house including more than a certain number of units certifies as commercial residential or commercial property for borrowing and tax purposes.
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Commercial buildings are structures that are utilized for industrial functions, and consist of office buildings, warehouses, and retail structures (e.g. corner store, ‘big box’ stores, and mall). In urban locations, a commercial building may combine functions, such as workplaces on levels 2-10, with retail on flooring 1. When area allocated to multiple functions is significant, these buildings can be called multi-use. Local authorities commonly maintain strict guidelines on industrial zoning, and have the authority to designate any zoned area as such