I am considering buying a building in a neighborhood that is mostly
working people, and very diverse. There is nothing "upscale" in the
area, but it is not scary either. It has a mix of businesses like
cleaners, insurance, auto parts, electricians, chiropractors, travel
agencies.
I doubt that there are many people who live in the immediate area who
would be potential members. It would have to be people who would
come in from nearby. Its on a major street into dowtown, near a
major highway, 2 miles from downtown, and would have easy free
parking.
Here is a view of the building: ( 1116 Rice Street , St Paul )
http://goo.gl/AR4Pv
There is a little mall nearby, a corner grocery next door, an ice
cream and sub shop, a public library, catholic church. It's about
2 miles from downtown, and on a major street that comes in from the
suburbs.
The reason that I picked this location is that it is near my home, and
I liked the building. I am getting a good deal on the building, but
it needs lots of work to turn it into offices.
I'll be in the building myself, but I am mainly doing this to attract
other people so I am not working at home anymore ( or, as I like to
call it, "Living at Work" ) One of the options I could offer would
be a virtual server on one of my VMware host machines.
I will improve the building for office work. It could be a
comfortable environment, but it will never be a glass/chrome/granite
style palace. The property includes a vacant lot that could be used
for outside lounging. The building is built in 1902 and has high
ceilings and tall windows.
Would appreciate any feed back asap, before I shell out more money!
Thanks!
Bob
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