Location, Location, Coffee?

Many people think about schools, shopping centers and crime when they think about choosing the location of an investment property. They don’t always think about coffee. However, Sarah Gilbert, a blogger on bloggingstocks.com says that you might want to rethink this, due to her own successful experience with a Starbucks moving in close by. Upon studying coffeehouses, it becomes clear that there’s something to a coffee shop that makes it worth something beyond spiced lattes.

When I visit a coffee house, especially the independent coffee houses that impart their own charm to an area, it’s like entering a tiny little neighborhood. People recognize each other in the coffeehouse because they met here, not because they made friends leaning against their back fences (although they may, indeed, share a fence). It’s a place that encourages people in the neighborhood to walk more – over to the coffeehouse for a specialty coffee or a pastry or just to see who else is hanging out.

The charming ambiance of many coffee houses can be a definite plus when you are thinking of buying a property with an eye to invest. The next owner or renter of that...