Commercial Property

Business, Legal & Accounting Glossary

Definition: Commercial Property




Full Definition of Commercial Property


The term commercial property (also called investment or income property) refers to buildings or land intended to generate a profit, either from capital gain or rental income. Commercial property includes office buildings, industrial property, medical centres, hotels, malls, retail stores, shopping centers, farmland, multifamily housing buildings, etc. In many states, residential property containing more than a certain number of units qualifies as commercial property for borrowing and tax purposes.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/commercial-property/
Modern Language Association (MLA):
Commercial Property. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 28, 2021 https://payrollheaven.com/define/commercial-property/.
Chicago Manual of Style (CMS):
Commercial Property. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/commercial-property/ (accessed: September 28, 2021).
American Psychological Association (APA):
Commercial Property. PayrollHeaven.com. Retrieved September 28, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/commercial-property/

Definition Sources


Definitions for Commercial Property are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 1st May, 2020 | 1 Views.