Shop Buying - New prospect and re-looking at the old

Kinja'd!!! "Akio Ohtori - RIP Oppo" (akioohtori)
04/05/2018 at 17:01 • Filed to: TQ HQ

Kinja'd!!!2 Kinja'd!!! 4

In my continuing quest to relieve myself of all of my money, I heading out Sunday to look at a prospective property to build a shop on. This one is 8.6ish acres about 24 minutes from the house.

Kinja'd!!!

Despite being really quite pretty looking, having a small stream and a small pond, and generally being in a good location the seller isn’t asking stupid money for it. I can only assume it is actively on fire or 90% easement. I should say it isn’t cheap either. It is firmly in the territory of “reasonably priced” which isn’t a thing I’ve been seeing lately.

Kinja'd!!!

Sadly, like the others, this one has no utilities on site so I would be at least 6 months out before I’d have a usable place to store cars.

Which brings me to...

Reconsidering the Fever Dream

My last update I posted about a 10 acre plot super close to the house with a shop already on it. At the time I described it as:

I just... the whole inside feels like a fever dream of a methed out toddler.

...and I feel that is still the case.

That said, they’re asking a reasonable price for it, I could immediately move cars in, and the bonkers nature of it leaves a lot of possibilities.

Also, I recently came to the realization I don’t have to keep it . For some reason I had it in my head that if I buy something I have to keep it forever. While this is probably a good vetting process, it also means I might be being too picky.

So... stay tuned?

Kinja'd!!!

DISCUSSION (4)


Kinja'd!!! Dogsatemypants > Akio Ohtori - RIP Oppo
04/05/2018 at 17:11

Kinja'd!!!4

Go for the crack shack. It has utilities, and worst case scenario, you strip down the building and sell for a small profit as the market becomes more insane over the next 2-6 years. Just get out before the worm turns, you are buying from an inflated market.


Kinja'd!!! Akio Ohtori - RIP Oppo > Dogsatemypants
04/05/2018 at 17:17

Kinja'd!!!0

New favorite term for this place. Thank you.

I don’t think it is inflated, but it is really hard to tell...


Kinja'd!!! jkm7680 > Akio Ohtori - RIP Oppo
04/05/2018 at 17:20

Kinja'd!!!2

Just kinda throw them out in a field they’ll be aight


Kinja'd!!! shop-teacher > Akio Ohtori - RIP Oppo
04/05/2018 at 18:29

Kinja'd!!!0

It is generally far cheaper to buy a shop, than to build one from scratch.