Commercial property usually refers to buildings that house businesses, but can also refer to land used to generate a profit, as well as large residential rental properties.

Commercial property includes malls, grocery stores, offices, industrial estates, manufacturing shops, and more. The performance of commercial property—including sales prices, new building rates, and occupancy rates—is often used as a measure of business activity in a given region or economy. Commercial property has traditionally been seen as a sound investment. Initial investment costs for the building and costs associated with customization for tenants are higher than residential real estate.