RealtyZapp is the place to find Commercial Real Estate featuring Special Purpose

Looking for more? Try our interactive Property Map

Featured Properties

Special Purpose Resort
Sold
For Sale $699,000
630 South Broad Street, Brooksville, Florida 34601
Gus Jadoun
Ace Commercial Real Estate Group
Special Purpose Church
Sold
For Sale $595,000
3800 North Nebraska Avenue, Tampa, Florida 33603
John Burpee
John Burpee & Associates
Special Purpose Day Care
For Sale $124,900
404 60th Avenue Drive East, Bradenton, Florida 34203
Debra Cooper
SVN Commercial Advisory Group
Special Purpose Church
For Sale $459,000
8025 North Palafox Street, Pensacola, Florida 32534
Debbie Anglin
Beck Partners
Special Purpose Church
For Sale $780,000
412 North Massachusetts Avenue, Lakeland, Florida 33801
Joe Lorio
Lorio & Associates, Inc.
Special Purpose Hospitality
Sold
For Sale $969,000
260 Quail Run, Pinehurst, North Carolina 28374
Janice Dixon
Synergy Commercial Properties
Special Purpose Airport
For Sale $7,500,000
9382 Stockmar Road, Villa Rica, Georgia 30180
Graham Massell
Massell Commercial Real Estate
Special Purpose Vehicle Sales & Service
Sold
For Sale $1,300,000
7114 North 47th Avenue, Glendale, Arizona 85301
Scot Hall
Wolf Realty Inc.
Special Purpose Mixed Use
For Lease Negotiable
1731 Wells Road, Orange Park, Florida 32073
Chris Angelo
Century 21 Elite Locatons
Special Purpose Hospitality
For Sale Market
Carretera del Norte, Nobsa, 152280
Felix David
Nicole and Hudson
Special Purpose Agricultural
Sold
For Sale $1,990,000
6160 County Road 305, Elkton, Florida 32083
Linda Daniels
Linda Daniels & Associates, LLC
Special Purpose School
For Sale $995,000
1038 Sunshine Drive East, Lakeland, Florida 33801
Phillip Mays
NAI Ulysses Realty
Special Purpose Golf Course
For Sale $2,650,000
2347 Kings Highway, Swedesboro, New Jersey 08085
Ken Richardson
Vantage Real Estate Services
Special Purpose Strip Center
For Lease $22.00 /sqft NNN
920 West Lumsden Road, Brandon, Florida 33511
Joe Cole
Turner Cole Company
Special Purpose Church
For Sale $5,000,000
1740 Vollintine Avenue, Memphis, Tennessee 38107
Susan Hines
Crye-Leike Commercial
Special Purpose Mixed Use
For Sale $269
14655 Hwy 194, Oakland , TN 38060
Susan Hines
Crye-Leike Commercial
Special Purpose Golf Course
For Sale $1,090,000
10401 Sisson Highway, Eden, New York 14057
Bill Heussler
Hanna Commercial Real Estate
Special Purpose Mixed Use
For Lease $0.59 /sqft MG
3067 Mosquito Creek Rd, clark fork, Idaho 83811
Ned Brandenberger
Sandpoint Property Management
Special Purpose Flex Space
For Lease $1.00 /sqft MG
388 Larkspur Street, Ponderay, Idaho 83852
Ned Brandenberger
Sandpoint Property Management
Special Purpose Mixed Use
For Lease $17.16-$40.00 /sqft NNN
1960 Normandy Drive, Miami Beach, Florida 33141
Alan Waserstein
Lease Florida
Special Purpose Church
For Sale or Lease $1,500,000 $ /sqft
620 Union Street, Schenectady, New York 12305
Julie Gibbons
Berkshire Hathaway | Blake Realtors
Special Purpose School
Leased
For Lease Negotiable
1555 40th Avenue Northeast, Columbia Heights, Minnesota 55421
Laura Gill
Colliers
Special Purpose Mixed Use
For Sale $500,000
W10415 Wisconsin 33, Portage, Wisconsin 53901
Ben Filkouski, CCIM
Madison Commercial Real Estate LLC
Special Purpose Mixed Use
For Sale $1,925,000
266 Hudson Street, Cornwall-on-Hudson, New York 12520
Alicia Goldman
Christies International Real Estate Group
Special Purpose Mixed Use
For Sale $375,000
266 Hudson Street, Cornwall-on-Hudson, New York 12520
Alicia Goldman
Christies International Real Estate Group
Special Purpose School
For Sale $1,800,000
3150 West Park Drive, Burnsville, Minnesota 55306
Laura Gill
Colliers
Special Purpose Mixed Use
For Sale $1,100,000
5999 North Courtenay Parkway, Merritt Island, Florida 32953
Rusty Melle
ITG Realty
Special Purpose Church
Sold
For Sale $699,000
41 12th Avenue North, Hopkins, Minnesota 55343
Lisa Christianson
Colliers
Special Purpose Church
Leased
For Lease Negotiable
12235 Old Rockford Road, Minneapolis, Minnesota 55441
Laura Gill
Colliers
Special Purpose Church
Leased
For Lease $16.65 /sqft NNN
2808 South Kingsway Road, Seffner, Florida 33584
Tina Marie Eloian, CCIM
Florida Commercial Group
All thriving communities need special-purpose businesses. Without them, there would be a lot less fun, interesting and helpful businesses to explore. However, investing in special purpose properties requires a bit of planning and preparedness.

Special purpose properties are a type of commercial real estate. Special purpose properties generate income by providing a niche good or service. They are sometimes referred to as limited use properties because they're used in a very specific type of business.

Examples of special purpose real estate include bowling alleys, family game centers and movie theatres. Sports stadiums, parking lots, amusement parks and zoos are a few other examples. These properties can be expensive to own. However, if operated correctly, they can be highly profitable.

If you are thinking about investing in a special purpose property, consider a few factors. The Small Business Administration (SBA) defines a special purpose property as \”a property that is appropriate for one use or limited use: it is a building that cannot be converted to another use without a large capital investment.\” Due to their nature, special purpose properties often have unique layouts and construction. For this reason, most special purpose properties cannot be modified without huge remodeling costs.

Because of the specific nature of special purpose businesses, the market for this type of property is often limited. Financing a special purpose property can be tricky. Additionally, banks and lenders consider special purpose properties risky investments.

To ease the process of financing a special purpose loan, you can file one or more SBA 504 loans. An SBA 504 loan can reduce your lender’s risk and increase your chances of financing.

An SBA 504 loan is a powerful loan that can help with the growth and survival of your special purpose business. This requires down payments as low as 15%. It also locks you into fully-amortized payments with fixed, below-market interest rates, and with no loan limit amounts. This allows for projects of $25 million and above to still qualify for SBA 504 loans. A loan like this will help finance the costs to purchase, construct, expand and renovation special purpose real estate. It can also finance the cost of special purpose equipment.

Looking for more?
Try our interactive Property Map

search all of our Commercial properties!


wait...