I am not a real estate agent or broker. My apologies if I get any terminology mixed up.
I own commercial property I would like to rent out. I bought a mixed use (residential and commercial) house in New Jersey. The commercial space is about 850-900 square feet large and was previously a primary care center run by two physicians who were also the former home owners. The commercial space has an eight-car parking lot, a separate entrance, waiting room, three patient examination rooms with sinks, two offices, a half bathroom, and storage.
I am just starting out in brainstorming ways I can rent this commercial space out. I think the space would be good for dieticians, psychotherapists, dentists, physicians, life coaches, etc.
I am going to create a property rental business (LLC) for this, with necessary attorney-approved paperwork and insurance. However, I already have a full time job so I’m not interested in making commercial property rental a primary focus beyond establishing and maintaining it.
My question is: do I need to become a real estate broker to rent out my commercial property? I would rather not if I can help it but will if I must.
Location: New Jersey USA
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source https://www.reddit.com/r/RealEstate/comments/133mciq/renting_out_my_commercial_property_do_i_need_to/
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