A couple of years ago (pre-COVID) I bought a somewhat dilapidated commercial property adjacent to the beach in the Midwest town where I live. It had been sitting on the market for at least a year.Location has good tourist and local traffic in the summer months, and there is a dearth of shopping/food options immediately adjacent to the beach. I was self-employed, and have been aiming to open a seasonal deli and market geared towards beachgoers.I'm now in the middle of a six-figure build out after doing numerous structural repairs to the building. It's about 50% complete. My plans were approved by the health department and everything has been moving forward slowly but surely.Here's the issue: My career is in a professional field, but as I was self-employed, I had plenty of time to pursue this as a side project. But now I've just accepted a somewhat prestigious full-time position and I will no longer be in a position where I could take a few months off to launch a new business.What should I do? I'd prefer not to sell the building as I still think I would like to run a business there someday. But it's in a pretty visible location in a relatively small community, so letting it sit vacant for a long while will not make me a popular person.Should I finish the buildout? Stop it? Try to rent out the renovated space to someone else who wants to run a deli/market? Try to find a partner? Something else? see hubwealthy.com/wealthy
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