What Is A Multi-Purpose Property? - a podcast by Ryan Smith

from 2019-08-12T00:00

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As its name implies, a multi-purpose property is commercial real estate comprised of improved land with a building that has multiple purposes or uses as opposed to buildings that have a single-purpose o use.

The primary determining factor whether a property is considered multi-purpose has to do with the design of the building and not the activity of the occupant.

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