As children and grandchildren inherit commercial real estate from their families, many are stepping into the unique challenge of managing complex spaces that may no longer serve their original purpose. Whether it’s a shuttered storefront, an historic structure or an apartment building, or a warehouse that’s seen better days, these properties come with both opportunities and obstacles.

Vacant school buildings, whether in bustling cities or quiet rural areas, are often overlooked. However, for those of us repurpose junkies, they represent an incredible opportunity. These spaces, once filled with energy and learning, can be transformed into something new—something that continues to serve communities in meaningful and profitable ways.