With the residential market tightening and yields compressing, investors are increasingly eyeing mid-tier commercial properties as a viable alternative.
Why Commercial is Back on the Radar
- Retail yields stabilizing after a decade of decline.
- Mixed-use buildings in Limerick and Cork seeing strong local demand.
- Falling vacancy rates in smaller university towns like Athlone and Sligo.
- Lending has loosened slightly for small commercial portfolios.
Strategies That Work
- Buy-to-convert: Upper floors of shops into apartments or co-working.
- Anchor tenant approach: Secure one solid tenant, leave space for flex.