Confused How to Utilize a 3000 Sq Ft Property in a Busy Bazar Area
So I’m from a Tier-1 city and my family has a roughly 3000 sq ft old single storied structured property that’s been lying unused for years. It’s in a baazar/market area, not a posh locality or residential society.. The area is very crowded throughout the day, mostly lower middle class/slum type surroundings with constant foot traffic.
The structure itself is old and in bad condition. During monsoon, water seeps in from multiple places, so it’s not something fancy or premium businesses would fit into without heavy renovation. The road is narrow, but cars/trucks can enter. Main issue is the front side is partially occupied by vegetable hawkers who’ve been sitting there for years. My dad says they’re politically connected/goon-type people and removing them would create unnecessary problems, so we’re not considering fighting over that.
Despite all this, I feel the location still has potential because of the sheer amount of daily crowd movement. My family isn’t business-oriented, so the property was never properly utilized, but I feel like I should try to build something from it instead of letting it rot.
Problem is, I have zero real business experience. I come from a tech background, not business, so I’m trying to understand what kind of businesses actually work in such environments.
I’m mainly looking for:
- Businesses that suit crowded bazar/slum-type areas
- Something scalable over time
- Something that doesn’t require luxury frontage or aesthetics
- Businesses that can work despite narrow access roads
- Ideas with relatively practical starting costs
I’m open to anything honestly, even unconventional ideas.
Would appreciate practical suggestions from people who’ve seen these kinds of localities closely or have experience with small businesses in India.
Also wanted to know if this type of property is rented out to quick commerce like blinkit/zepto
Ps: I'm ready to invest to fix the water leakage and stuff incrementally