Creative Ideas to Increase the Utilization of Your Commercial Property

Creative Ideas to Increase the Utilization of Your Commercial Property

Commercial properties are evolving, with a growing demand for flexibility. Whether you own a warehouse, office, or parking lot, there are many creative ways to make use of your space to boost revenue and community. Here are some ideas:

1. Creative Uses for Flexible Commercial Spaces

Your property can serve many purposes beyond its original intent:

  1. Private Offices: Offer spaces for remote workers or startups needing temporary offices.
  2. Warehouses: Create storage solutions or co-warehousing for multiple businesses.
  3. Sauna & Float Tanks: Install wellness equipment to attract individuals and boutique practitioners.
  4. Event Space: Rent for events, corporate functions, or community activities.
  5. Food Truck Parking: Designate space for food trucks with amenities like hookups and waste disposal.
  6. Pop-Up Shops: Provide a rotating space for brands to showcase their products.
  7. Wellness Classes: Use empty rooms for yoga, Pilates, or meditation.
  8. Kitchen Prep Area: Share a certified kitchen for small food entrepreneurs.
  9. Art & Design Studios: Offer affordable studios for artists and designers.
  10. Makerspace: Provide a workshop for local makers to share tools and equipment.

2. Tips for Sharing Your Workspace for the First Time

To ensure a smooth transition, prepare thoughtfully:

  1. Furnish with Flexibility in Mind: Use modular, second-hand furniture.
  2. Signage:
    • Exterior Signs: Mark the location clearly.
    • Event or Space Signs: Adaptable signage for multi-function spaces.
    • Interior Guidelines: Use clear signage to set expectations.
  3. Green Touches: Add easy-to-care plants to make spaces inviting.
  4. Good Water Access: Install a quality filtration system and provide reusable bottles.
  5. Shared Common Space for Supplies: Stock essentials for shared spaces.
  6. Community Guidelines: Set expectations for behavior, noise, and shared responsibilities.
  7. Access Control and Security: Use smart locks, key cards, or biometrics as appropriate.

3. Creating Community Standards and Using Templates

Clear community guidelines can make a difference. PowerBx provides template emails for check-ins, check-outs, and other communications to keep everyone informed and avoid misunderstandings.

What to Include in Your Welcome Packet For a smooth onboarding, consider including:

  • Community Guidelines
  • WiFi Information
  • Safety and Emergency Contacts
  • Access Hours and Security Details
  • Maps of Key Areas
  • Maintenance or Management Contact

Be thorough with these essentials:

  • Payments: Outline payment options and schedules.
  • Contracts: Clearly define responsibilities and terms.
  • Lease Terms: State the duration and renewal or exit policies.
  • Liability: Protect your space with liability clauses and, if needed, insurance.

Creating a flexible and community-oriented space is a rewarding opportunity. Proper preparation, flexibility, and open communication are essential to success.

Ready to get started? SpaceAgent can guide you in making the most of your commercial property.