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Commercial residential or commercial property, likewise called commercial property, investment residential or commercial property or earnings residential or commercial property, is real estate (structures or land) intended to create a revenue, either from capital gains or rental earnings. [1] Commercial residential or commercial property includes office structures, medical centers, hotels, shopping centers, retail stores, multifamily housing buildings, farm land, facilities, and garages. In lots of U.S. states, residential home containing more than a certain number of units qualifies as commercial residential or commercial property for borrowing and tax functions.
Commercial buildings are structures that are used for industrial functions, and include office complex, storage facilities, and retail buildings (e.g. corner store, 'huge box' stores, and shopping malls). In metropolitan places, an industrial building might combine functions, such as workplaces on levels 2-10, with retail on floor 1. When area assigned to multiple functions is considerable, these buildings can be called multi-use. Local authorities frequently maintain stringent policies on industrial zoning, and have the authority to designate any zoned location as such
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