Monday, May 24, 2010
WORKSHOP SPACE IN VANCOUVER
There was a time not long ago, say twenty or twenty five years ago when investing in real estate by buying a workshop space was a realistic part of the business / retirement plan for small trades shops like woodworkers, metalworkers, upholsterers etc.
Unless you have a big pile of cash, those days are gone.
Here is an example of what you might get today, and what you can expect to pay for it. This building is in East Vancouver, where most small woodworking businesses are located. It is close to 1000 Parker, a huge old furniture factory now divided into many small units and rented to numerous artists and craftspeople.
Francis Lemieux www.francislemieux.com