The issue with commercial is two fold. The financing is very difficult unless there is positive cash flow and the cap rates are increasing due to issues with rents and the ability to increase rents for commercial space. The economy has effected a lot of businesses and a number of businesses had closed, which has increased the space available. Larger landlords are trying to get other tenants to more to their space at discounts. All this effects the short term value of the commercial properties.
First Weber Group
Certified Distressed Property Expert
On the commercial end of things I am finding that it is next to impossible to get financing for commercial property right now unless you have a very large down payment. I am seeing more options to buy right now.
Hales Corners is a very highly sought after area for several reasons. The Whitnall School District has a very good reputation. Regardless of where you are located in Hales Corners, you are literally only 2-5 minutes from the interstate in any direction. It still has a small-town feel with much to offer.