What should I know about zoning laws when purchasing commercial property?

When purchasing commercial property, it is important to understand the zoning laws that apply to the property in question. Zoning laws determine how the property can be used and developed, and can vary widely depending on the jurisdiction and the specific zoning district in which the property is located. Here are some key things to know about zoning laws when purchasing commercial property:

• Determine the zoning district: The first step is to determine the zoning district in which the property is located. This information can typically be obtained from the local zoning office or planning department. Different zoning districts have different regulations regarding land use, density, setbacks, and other requirements.
• Review the zoning regulations: Once you know the zoning district, it is important to review the regulations governing that district. These regulations will outline the permitted uses for the property, as well as any restrictions or conditions on those uses. For example, some zoning districts may restrict certain types of businesses or require a certain amount of parking.
• Consider seeking a zoning variance: If the proposed use of the property does not conform to the zoning regulations, it may be necessary to seek a variance. This will require submitting an application to the local zoning board and demonstrating a hardship or other grounds for granting the variance. However, variances can be difficult to obtain and are not guaranteed.
• Evaluate future development potential: In addition to the current zoning regulations, it is important to consider the potential for future development in the area. For example, if there are plans for a new highway or housing development nearby, this could impact the property's value and potential uses.
• Work with a qualified real estate attorney: The zoning laws governing commercial property can be complex and vary widely depending on the jurisdiction. It is important to work with a qualified real estate attorney who can advise you on the legal requirements and potential risks associated with purchasing the property.

In summary, when purchasing commercial property, it is important to thoroughly research the zoning laws governing the property and work with a qualified real estate attorney to ensure compliance and minimize risks. In some cases, seeking a zoning variance may be necessary, but this should only be pursued after careful consideration and with the assistance of legal counsel.