Buying office space is a big step for any business. It can be a smart long-term investment, but it’s also surrounded by misconceptions that can discourage buyers—or lead them into costly mistakes. To help you make informed decisions, we’ve broken down the top five myths about buying office space and the truth behind them.
Myth 1: Buying Is Always More Expensive Than Leasing
Many business owners assume that purchasing office space will drain their capital compared to leasing. While the upfront costs are higher, buying can actually save money over time through equity building, tax benefits, and stable monthly payments.
The Truth: Ownership can be more affordable in the long run—especially when you factor in appreciation, predictable expenses, and the ability to lease unused space to generate income.
👉Investopedia explains commercial real estate ownership vs. leasing
Myth 2: Office Space Is a Bad Investment in the Hybrid Work Era
It’s true that remote and hybrid work models have changed office demand. But the office market is evolving, not disappearing. Well-located, flexible, and modern spaces continue to see strong demand.
The Truth: Office ownership can still be a profitable investment—especially if you choose properties with adaptable layouts, strong amenities, and proximity to workforce hubs.
👉 Harvard Business Review on the future of offices
Myth 3: You Need to Be a Large Corporation to Buy
Some small and mid-sized businesses believe ownership is only realistic for enterprise companies. In reality, there are financing options—such as SBA 504 loans—that make ownership accessible for many business sizes.
The Truth: Smaller firms can and do buy office space, often using financing tools designed to encourage business growth.
👉 U.S. Small Business Administration – SBA 504 Loans
Myth 4: The Only Factor That Matters Is Location
“Location, location, location” is important, but it’s not everything. Property condition, zoning, parking, accessibility, and future area development plans are equally critical to long-term value.
The Truth: Successful buyers look beyond just the address. The best office investment balances location with infrastructure, future growth potential, and operating costs.
Myth 5: Buying Limits Your Flexibility
Some owners worry that buying locks them into one space forever. But ownership can actually increase flexibility—you control renovations, subleasing, or even selling if business needs change.
The Truth: Ownership puts the power in your hands. With the right strategy, buying can be just as flexible—if not more—than leasing.
Final Thoughts
Office ownership isn’t for everyone, but it also isn’t as risky or out of reach as these myths suggest. By understanding the facts, business owners can approach buying with confidence and strategy.
At The Bill Gladstone Group, we help clients navigate every step of the process—from evaluating market opportunities to securing financing and closing deals. If you’re considering office ownership in Central Pennsylvania, our team can help you separate fact from fiction.