So I think Andy and I have found the perfect space to buy and turn into our forever home! The property we’re in love with isn’t for sale right now, but we’re hoping we can figure out a financial plan soon and give them an offer that convinces them to sell it anyway.
It’s an industrial space right now, and currently zoned for commercial use. But we’re hoping that we can get it rezoned for multi-use (commercial and residential) and remodel the basement into a home for us. We want to keep the upstairs area for commercial use for Andy’s work.
I had seen the outside before, but today was my first time actually going inside and seeing how big it really is. It doesn’t look anywhere near its actual size from the outside. But y’all…to say I instantly fell in love with the building is a COMPLETE understatement.
We are looking into taking the space off-grid as much as possible (ideally, completely), so we’re looking into alternative power sources (a normal power bill would be OFF THE CHARTS every month).
I’m also working on the initial letter to send the property owner that will show them our interest (without making us seem overly excited) and convince them to sell to us. However, we are including a contingent that we only will go through with buying the property if we get approved to rezone it like we need to. That contingent is the only thing that makes me nervous. I know from friends (and quite a few T.V. real estate shows) that properties with contingents don’t usually sell very easy- and it’s even harder when the owner doesn’t even have it on the market to try and sell it.
I’m trying to stay positive that we will be able to rezone it and buy it. And now that I’ve actually seen the building I’m trying to not get overly excited and start planning our whole future in the space (that way if the owner doesn’t want to sell it, I won’t get too disappointed-I’m hoping).
I definitely will keep you all updated through the whole process!