Have Land In Ghetto - Zoned Commercial – General Retail- What Should I Do With It

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Hello All,

I have a vacant lot on a busy corner in a bad neighborhood. Most of the people around are on welfare, social security or other.



I am wondering what might be the most profitable use.

- i was thinking to use it to get my car dealer licenseto enjoy the tax saving while buying and selling cars



what other businesses do well in the bad areas?

- check cashing

- cig and booze shop

- ??????

Comments(3)

  • johnmckee3rd October, 2007

    I agree with the convenience store. Make sure you have an ATM as well. ATM machines are money makers for high traffic low income neighborhoods. In fact my company sells them. www.metropaymentsolutions.comm

  • CrestlineMortgage4th October, 2007

    Check Cashing, Cig and Booze shops are a great start.

    Then there is always Bail Bonds and believe itor not 99 cent stores.

  • cjmazur24th April, 2008

    think about a cell site / wifi on the roof.

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