Maintaining a commercial property is a huge undertaking. At some point, you may wish to sell your property, and hopefully make a bit of profit. However, unless you bought the property in a growing area, your best bet is to make improvements on the property throughout ownership. You can do so with several cosmetic renovations that don’t require much upfront capital. Oftentimes cosmetic renovations will make the biggest impression on potential buyers, and earn you more at closing.
AT MaintenX, we work with commercial facilities to keep their operations in top shape. Our work not only helps them while they’re operating in a current facility, but also when it’s time to sell. If you’re close to or at this point, here’s what we recommend to make the best impression on buyers:
Roofing. Poorly maintained roofing can be a big turn-off to potential buyers. While this innocuous detail may seem like a low priority, old roofing makes a facility look run down and is a red flag for high maintenance costs. When a potential buyer inspects your facility, they will be looking for areas of high risk for maintenance to try and knock the price down. Don’t give them any reason to lower your property value. Call MaintenX to schedule preventative roof maintenance before your buyers arrive.
Landscaping. Don’t underestimate the power of curb appeal. Commercial properties used as storefronts need an attractive appearance to make a positive first impression on shoppers. Without proper landscaping and maintenance of your exterior, you can make your property more attractive to end consumers, and therefore more attractive to property buyers.
Rooftop HVAC units. A new HVAC unit may seem like a luxury expense, but they can make all the difference when it comes to selling your commercial property. Ground units tend to accrue higher maintenance costs, and lower the curb appeal of the property. Rooftop units, however, are out of sight. Because of their elevation, they are also often protected from dirt and debris that causes maintenance issues with ground units. To learn more about rooftop HVAC unit installation, click here.
Smart lighting. When your potential buyers take a tour of the facility, one thing that could impress them is your lighting. If the interior is bright and inviting, you will have a much easier time selling than if your facility is poorly lit. Smart lighting systems help you to not only brighten up your interior, but can help the potential buyer save on energy use (a big selling point). Talk to your local MaintenX team about ways to install a smart lighting system in your facility.