If you’re in the business of buying or selling commercial property, and especially if you are the property manager of commercial property, you are no doubt aware that there are some common problems that seem to occur time and time again and may be harming your business. The vacancy rate of commercial property in the US right now is around 20%, so fixing some of these issues as they appear is of utmost importance.

Five Common Commercial Property Complaints

  • Maintenance Issues
  • Bad Communication
  • No Privacy
  • Pests and Vermin
  • Problems With The Neighborhood

Maintenance issues are the number one complaint because they can make or break your business. If the toilets are backed up, that’s an emergency and it needs to be handled, regardless if it’s 3 am on a Sunday. Make sure you have appropriate, responsive vendors to handle these issues.
Communication issues arise under the best of circumstances, so the best policy is to have multiple ways for people to contact you. Email, text, and phone are necessary. Follow up verbal communication with written communication about what was said and what the action plan is. This way, you also have a paper trail, should you need it.
If you rent commercial property, make sure you give businesses the same respect you’d give home tenants – at least twenty four hours notice that you’re coming for an inspection, etc., unless there’s an emergency. Put this in writing, again, so that you have a record that this occurs. It’s bad business for the landlord to come barging into a business during business hours and start an inspection – bad for your renters and bad for you.
Pest and vermin plague everyone, and commercial property is not excluded. It may be even more of an issue if your commercial property houses places where food is prepared. You need to have contracts with termite and roach control companies, handle any other issues that arise such as wasps nests, reports of snake skins being found, etc., and handle it pronto. The possibilities of lawsuits are limitless. Yikes!
Problems with the neighborhood are not within your control, and nobody thinks you are able to fix all the problems of the world, but it is your problem to be responsible and proactive about the area. If you know that it’s a major drug-trafficking area, it makes sense to hire security, have gated entrances, well-lighted parking lots, etc. The same is true regarding weather-related issues – you can’t control the weather, but if there’s areas of the parking lot prone to severe flooding and terrible potholes, that is your responsibility to be proactive about.

Hot Key West Business Opportunities

101600 Overseas Highway $20,000,000

101600 Overseas Highway KEY LARGO, Florida

3 Beds 3 Baths 3,717 SqFt

139 Seaside Avenue $10,500,000

139 Seaside Avenue KEY LARGO, Florida

5 Beds 7 Baths 6,740 SqFt

517 Duval & 518 Bahama Street $7,000,000

517 Duval & 518 Bahama Street KEY WEST, Florida

4 Baths 7,854 SqFt

112 Bounty Lane N $5,990,000

112 Bounty Lane N KEY LARGO, Florida

5 Beds 5 Baths 4,822 SqFt 0.250 Acres

3428 Roosevelt Boulevard N 1,2,3,4,5,6 $5,499,000

3428 Roosevelt Boulevard N 1,2,3,4,5,6 KEY WEST, Florida

7 Baths 8,046 SqFt

3574 Overseas Highway 1-7 $4,800,000

3574 Overseas Highway 1-7 MARATHON, Florida

5 Beds 4 Baths 7,706 SqFt

100099 Overseas Highway $4,749,000

100099 Overseas Highway KEY LARGO, Florida

2 Baths 4,680 SqFt

30770 Overseas Highway $3,995,000

30770 Overseas Highway Big Pine, Florida

12,560 SqFt

919 - 921 Duval Street $3,750,000

919 - 921 Duval Street KEY WEST, Florida

9 Beds 6 Baths 4,173 SqFt

10 Ocean Drive E $3,299,000

10 Ocean Drive E MARATHON, Florida

5 Beds 3 Baths 2,832 SqFt 0.290 Acres

101350 Overseas Highway $3,250,000

101350 Overseas Highway KEY LARGO, Florida

2 Baths 6,674 SqFt

770 107th Street Ocean $3,200,000

770 107th Street Ocean MARATHON, Florida

33,977 SqFt

770 107Th St Ocean $3,200,000

770 107Th St Ocean MARATHON, Florida

1110 White Street $2,499,000

1110 White Street KEY WEST, Florida

6 Beds 6 Baths 3,657 SqFt

352 Seaview Drive E $2,300,000

352 Seaview Drive E Duck, Florida

2 Beds 3 Baths 1,944 SqFt 0.190 Acres

Are You Looking for Commercial Property in the Florida Keys?

Use our site to search commercial real estate in Key West and all of the Florida Keys. Unlike the “big name” sites out there, our site is directly connected to our local MLS and is updated with new properties every HOUR. By creating a Property Manager account you can stay on top of the newest businesses that go up on the market and get Price Change alerts so you can stay ahead of other buyers and beat them to the best deals!
In the meantime, check out these 1-click searches:

Newest Key West Commercial Properties on the Market

Explore the possibilities at 1900 Staples Avenue, a mixed-use property blending residential with commercial potential. This property includes a 2-bedroom, 1-bathroom house designed for practical living. Complementing the residential space are three small commercial units, offering versatility for various business endeavors. Conveniently located on the corner of Staples & First Street, the property provides great visibility and accessibility with a First Street address as well. Rare Key West Mix-use opportunity. $1,600,000 Active

1900 Staples Avenue KEY WEST, Florida

2 Beds 2 Baths 1,749 SqFt

An exceptional mixed-use property situated in Stock Island's center, this property features 2 commercial spaces and 2 apartment's, presenting a distinctive chance for investors or those seeking their own business space. Spanning over 12,000 square feet, ample storage is available in addition to a 1-bedroom/1-bathroom and a 2-bedroom/2-bathroom layout upstairs. Kindly refrain from disturbing the current tenants or ongoing business operations; a minimum notice of 48 hours is required for showings $1,999,999 Active

5730 2nd Avenue Stock Island, Florida

3 Beds 4 Baths 3,674 SqFt

Professional Friendly Business Environment, hard to find large office space in Stock Island, Unit A offers 1,627sf of space on the 1st floor with large windows and private bathroom. Elevated, concrete structure with 3 reserved off street parking. Price quoted is base rent only, not quoted is sales tax and additional $200.00 per month for utilities. $3,500 Active

5570 3Rd Avenue A Stock Island, Florida

1 Baths 1,627 SqFt

Newtown office space for lease with parking, private rear entrance from Riviera Drive.Good condition, reception area, private office and private bathroom. $1,650 Active

3208 Flagler Avenue 2 KEY WEST, Florida

1 Baths 4,021 SqFt


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