Understanding the Difference Between Residential and Commercial Real Estate
By Jackson Solem, Junior Associate at NavPoint Real Estate Group
When it comes to real estate, one of the most common areas of confusion is the distinction between residential and commercial properties. Although both fall under the broader category of real estate, they serve very different purposes and involve unique considerations.
What is Residential Real Estate?
Residential real estate encompasses properties intended for people to live in. This includes single-family homes, condominiums, apartments, and townhouses. Essentially, if it’s where you or someone else lives, it falls under the residential category. These properties are typically bought and sold by individuals or families for personal use.
What is Commercial Real Estate?
On the other hand, commercial real estate refers to properties used for business purposes. This category includes a wide range of property types, such as:
- Multifamily Housing (apartment complexes)
- Retail Spaces (like coffee shops and storefronts)
- Industrial Facilities (warehouses and manufacturing buildings)
- Office Buildings
Commercial properties are generally owned and managed by investors or companies that lease space to businesses or tenants with the intent of generating income.
How NavPoint Real Estate Group Can Help
At NavPoint Real Estate Group, we specialize in commercial real estate. Whether you’re looking to buy, lease, or invest in retail centers, warehouses, or multifamily developments, our team is here to support you. If you have any questions or need assistance navigating the commercial real estate market, don’t hesitate to reach out—we’re happy to help.
Jackson Solem
Jackson joined NavPoint as a Junior Broker in 2025 after spending 3 years playing professional golf. After many successes and Canadian Tour status in 2024, Jackson decided that it was time to shift into the world of commercial real estate. Jackson attended the University of Denver and played on the golf team while earning a B.S. in Real Estate and a M.S. in Business Management.
