I own rental property. I vote to skip the majority of commercial rental property. Only owning those with long term leases with tenants. An example would be many Post office building in rural America.
The one your talking about seems to be over valued right off the bat. Also if it was a "good" buy one of the current tenants would be looking at it to buy.
Do not take this wrong but I am pretty sure a recently former dairy farmer would be hard pressed to beat the local business people that are NOT buying this property. So do not trade your recently hard won freedom from the stress and work of the dairy farm for the stress of a commercial rental property.
Here is one reason I do not think commercial rental property is a good investment unless your using it yourself, you are very limited in your buyer pool if you need to sell. Owning a house or even a farm you have many possible buyers. The majority of the rental houses I have sold have been to current tenants. They save up a down payment while paying rent and then buy.
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Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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