I have a 2800sqft building attached to my house. It was commercial until the 1980s, but now its zoned residential. I am going to try to fight that, but in the meantime, lets assume it won’t be zoned commercial. I’m quiting my job january 1 to fly solo and utilizing this space is an important part of the plan.
Ive thought about an Airbnb. I already have utilities and waste lines in there. I estimate I could build something for 75k and probably get 3k in gross.
Things like 3d printing, bitcoin mining, use it as a warehouse to buy and sell things from alibaba, all cross my mind but I have no experience with anything like that. So, I’m hoping for some guidance from some smart folks. If you had 2800sqft and 100k to invest, what business would you start?
You need experience or someone who has experience. E.g. You need a bulletproof contract form if you want to rent it out or else the renter can blow up the whole house and you will be the responsible.
I dont know how strict are the rules there but e.g. in europe you cant do anything anywhere so if you want to work with food you need to prepare the place according to that if you want to work with chemicals you need specific type of floor to prevent leak etc. If you find what you would like check if you have rules like these before you start your business.
The most simple is to use it as a base or office like if you would start to flip things on amazon you have place to buy big bulks for cheap and sell them in small parts for profit. Or you can store something that is cheap in one season but can go really expensive in other season like AC.