Commercial Services at a Glance
- Services
- Buying and selling commercial property
- Property types
- Office spaces, retail units, industrial buildings and mixed-use developments
- Who we help
- Business owners, investors and developers
- What we do
- Identify opportunities, analyze market value, negotiate contracts and keep due diligence on schedule
- Where
- St. John's and communities across Newfoundland and Labrador
- Brokerage
- A real estate team with Keller Williams Platinum Realty, St. John's
- Enquiries
- Call (709) 771-4448 · Text (709) 749-7729 · info@lsre.ca
What Types of Commercial Property Does L|S Work With?
Office spaces
From small professional offices to larger commercial suites, we help you find an office property to buy that suits your business operations, or sell an office property you own.
Retail units
Storefronts, plaza units and standalone retail buildings in St. John's and surrounding communities, where location, visibility and parking can matter as much as the building itself.
Industrial buildings
Warehouses, workshops and industrial facilities suited to manufacturing, storage and distribution, where zoning, access and building specifications need careful review.
Mixed-use developments
Properties that combine commercial and residential uses, offering income diversity and development potential. Buying mixed-use as an investment? See our investment property services.
Who Is the L|S Commercial Real Estate Service For?
- Business owners buying a property for their own operations, or selling a property they no longer need.
- Investors looking for income-producing commercial or mixed-use property.
- Developers looking for sites and opportunities for their next project.
How Does Buying Commercial Property Work?
L|S Real Estate Group supports you through each stage of a commercial purchase:
- Define your requirements. Intended use, size, location, budget, timeline and financing, or your investment criteria.
- Identify opportunities. We search for properties that match your business needs, budget and growth plans.
- Analyze market value. We look at comparable sales, location, condition and zoning and, for income properties, rents and operating expenses.
- Negotiate the contract. We negotiate price, terms, conditions and deadlines on your behalf.
- Keep due diligence on schedule. We help keep inspections, reviews and condition deadlines on track, working with your lawyer, lender and accountant.
- Close. We coordinate the final details through to closing day.
What Due Diligence Does a Commercial Purchase Need?
Commercial deals usually involve more checks than a home purchase. A typical due diligence list includes:
- Zoning and permitted use — confirm with the municipality that your intended use is allowed.
- Building condition — a professional inspection of the structure, roof and mechanical and electrical systems.
- Environmental review — often required for industrial sites and by some lenders.
- Leases and tenants — for income properties, the rent roll, lease terms and renewal options, along with lease quality and tenant stability.
- Operating costs — property taxes, utilities, maintenance and other expenses.
- Development sites — zoning, lot size and redevelopment potential, confirmed before you commit.
- Title, survey and tax — handled by your lawyer and accountant.
L|S Real Estate Group helps with the real estate side of due diligence and does not provide legal, tax or environmental advice. Rely on your lawyer, accountant and qualified consultants for those.
How Does Selling a Commercial Property Work?
Selling a commercial building or business premises? L|S Real Estate Group helps with the sale in four stages. Listings are handled through Keller Williams Platinum Realty.
- Set a realistic price. We analyze market value using comparable sales, location, condition and zoning and, for income properties, rents and operating expenses.
- Prepare the information buyers need. If the property has tenants, we help you gather the rent roll, lease terms and operating costs buyers will ask for.
- Market to qualified buyers. We market the property with strategies designed to reach qualified buyers and investors.
- Negotiate and close. We negotiate price, terms and conditions on your behalf and help keep condition deadlines on track through to closing, working with your lawyer.
Why Choose L|S Real Estate Group for Commercial Real Estate?
- Commercial and investment expertise — a core part of the L|S advantage.
- Business and project backgrounds — the team brings experience in business development, project management and construction, so we consider how a property will actually work for your business.
- Business-minded leadership — Team Lead Tony Lucas holds a Bachelor of Business Administration and serves clients across Eastern, Central and Western Newfoundland.
- Established brokerage — a real estate team with Keller Williams Platinum Realty, a brokerage active in St. John's for more than 10 years.
Considering where your business or team should be based? Our St. John's area guides cover each community, from St. John's to Mount Pearl and Paradise.