Examples of commercial properties turned residential?
I'm fascinated by large commercial properties that people have bought (generally in towns past their prime) and turned into personal housing. Does anyone know how to find examples of this being done? Any subreddits or communities I should look into?
[{"id": "g737duy", "text": "Do you mean someone converting say a warehouse or office building into 100 units or are you looking more for someone just making 1 giant house?\n\nFor the giant house ones I always like the churches that get converted", "replies": [{"id": "g7390jt", "text": "Oh yeah, I was thinking more the giant house ones. The church ones tend to weird me out, my favorite ones are former schools. I did see one recently that was a former masonic temple though.", "replies": [{"id": "g73otoq", "text": "I\u2019ve seen a couple banks in small towns converted into homes, a mason lodge too. I can\u2019t recall which sub though", "replies": [], "depth": 3}], "depth": 2}, {"id": "g74n3i1", "text": "Can you turn an office into an apartment?", "replies": [], "depth": 2}], "depth": 1}, {"id": "g737fnc", "text": "We\u2019re in the process of turning a motel into a studio apartment complex. Lots of those examples out there.", "replies": [{"id": "g73fr76", "text": "I just worked on a property that was a timeshare, then an unbranded hotel, then a Airbnb hotel, that is now being converted to 1 and 2 bedroom apartments.", "replies": [], "depth": 2}, {"id": "g7a561c", "text": "I converted two hotel buildings into studios. One has 110 units and the other 98 units. The suites became 1 and 2 bedroom units but we don't have many of those. Let me know if you want more detail.", "replies": [], "depth": 2}], "depth": 1}, {"id": "g737nfz", "text": "Don't know of any sort of database but Dwell has featured a couple:\n\n[https://www.dwell.com/home/an-incredible-home-inside-a-1950s-gas-station-83cb4b3a](https://www.dwell.com/home/an-incredible-home-inside-a-1950s-gas-station-83cb4b3a)", "replies": [], "depth": 1}, {"id": "g73asru", "text": "I did a mini COMM-&gt;RES 2 years ago. Turned out pretty cool.\n\n[Here](https://imgur.com/gallery/z2x5Gk5) you go", "replies": [{"id": "g73omc3", "text": "cute but whats with the prison cell shower?", "replies": [{"id": "g73xnr7", "text": "haha, you either love it or hate it.", "replies": [], "depth": 3}, {"id": "g74xcgd", "text": "I like it!", "replies": [], "depth": 3}], "depth": 2}, {"id": "g745f4w", "text": "This is so cool. Guessing it was a vacant restaurant? Was it hard to get it rezoned for residential?", "replies": [], "depth": 2}], "depth": 1}, {"id": "g73ofo8", "text": "This happens a lot in NYC. After GFC when banks moved to Midtown, their offices became high rise residential. 10 Hanover Square comes to mind, that was a Goldman Sacchs office. 60 Broad was also an office, as were 100 Church and 130 William.\n\nThis would really just be modeled as a recap. Existing structure with a premium for unit construction and then a projected rent pro forma. Nothing too crazy, just a big upfront WC requirement.", "replies": [], "depth": 1}, {"id": "g73ryps", "text": "Check out Memphis.", "replies": [], "depth": 1}, {"id": "g73wa1g", "text": "Philly has an endless supply of warehouse to residential conversions", "replies": [], "depth": 1}, {"id": "g746aib", "text": "I'm wondering if you can turn an office building into an apartment complex", "replies": [{"id": "g75536s", "text": "Here ya go!  418 apartments!   [https://en.wikipedia.org/wiki/100\\_Van\\_Ness\\_Avenue](https://en.wikipedia.org/wiki/100_Van_Ness_Avenue)", "replies": [{"id": "g75r90v", "text": "Nice, thanks", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "g7477qv", "text": "Try searching using the term \u201cadaptive reuse\u201d on google. \n\nBy far, my favorite type of CRE! Please let me know if you find somewhere on Reddit that focuses on adaptive reuse.", "replies": [], "depth": 1}, {"id": "g749hut", "text": "There was an old Baldwin Piano factory in Cincinnati that was converted to apartments a few years ago.  They did a great job - building looks incredible. \n\n[https://www.thebaldwin.com/](https://www.thebaldwin.com/) \n\n[https://www.bizjournals.com/cincinnati/news/2017/06/13/former-baldwin-piano-factory-transformed-into.html](https://www.bizjournals.com/cincinnati/news/2017/06/13/former-baldwin-piano-factory-transformed-into.html)", "replies": [{"id": "g755gk9", "text": "Geez, you have to walk through the bedroom for any guest to use the bathroom.", "replies": [], "depth": 2}], "depth": 1}, {"id": "g74azm0", "text": "I see a lot of commercial to multi-family, but one comes to mind that was single-family. Former tire store, converted to a house. I think it's interesting to have the whole front of your house as glass but it's their money.\n\n[Assessor Info](http://douglascone.wgxtreme.com/java/wgx_douglasne/static/accountinfo.jsp?accountno=R0221340002)", "replies": [], "depth": 1}, {"id": "g74dl5l", "text": "The cork factory in Pittsburgh is a cool example", "replies": [], "depth": 1}, {"id": "g74w8f1", "text": "I'm in the middle of a former bar to 5 unit apartment conversion. We also have a former union hall converted to 22 units that opened in May 2019. Eyeing another bar/restaurant to 7 unit conversion. \n\nAs someone else mentioned, it's fairly common in areas past their prime. Clean, new affordable housing is in demand here (midwest) so we're able to fill that with old commercial properties that have struggled in the area for years and are available super cheap. Post covid, there will be a ton of former restaurant and office properties turned over to banks than can be had for pennies on the dollar so I suspect many more of these conversions in the future. \n\nFeel free to pm if you want to know more.", "replies": [], "depth": 1}, {"id": "g74zv5w", "text": "There\u2019s a whole state-led program in California right now called Project Homekey (spun off of the recent Project Roomkey), in which they\u2019re attempting to turn underutilized hotels (I\u2019ve also seen dorms mentioned) into single room occupancy homes. I think Project Roomkey was initially aimed at sheltering homeless individuals/couples during the beginning of the pandemic.", "replies": [], "depth": 1}, {"id": "g7669bb", "text": "Hartford CT has done this a bunch over the last several years. What used to be some of the prime office buildings/tower downtown are now residential.", "replies": [], "depth": 1}, {"id": "g76j8wq", "text": "SF style and prices to match.    [https://sf.curbed.com/2019/9/30/20891220/clocktower-penthouse-san-francisco-sale-price-cut](https://sf.curbed.com/2019/9/30/20891220/clocktower-penthouse-san-francisco-sale-price-cut)", "replies": [], "depth": 1}, {"id": "g7d35iv", "text": "This exactly what my wife and I are planning to do. We\u2019d like to buy maybe a building that\u2019s a couple thousand square feet, with high ceilings, and turn it into our cool home. Then we\u2019d like to rent it out as an event space. \n\nWhile I have the vision and see examples, of this in Los Angeles, I don\u2019t know the first thing about getting a bank to give me a loan for something like this. I\u2019m guessing I would never be able to receive a home mortgage for an old warehouse or fire department would I? \n\nGo on Pinterest and search \u201cWarehouse house\u201d or \u201cwarehouse home\u201d \n\nSearch the Carondelet House in Los Angeles.", "replies": [], "depth": 1}, {"id": "g7v7k17", "text": "Taxi by Zeppelin Developments in Denver", "replies": [], "depth": 1}]