Which type of property includes income-producing buildings like office spaces and hotels?

The correct choice identifies commercial property as encompassing income-producing buildings such as office spaces and hotels. Commercial property serves various business purposes and is primarily utilized to generate profits through leasing or selling goods and services. This category includes a wide range of properties, from office buildings and retail spaces to industrial warehouses and hospitality venues, all of which are designed to create revenue.

In the context of real estate, commercial properties differ significantly from residential properties, which are intended primarily for living accommodations. While residential properties are focused on providing housing and typically consist of single-family homes, apartments, or condominiums, commercial properties serve businesses and are evaluated based on their income potential.

Mixed-use property, while it may include both commercial and residential components, typically combines different uses within a single development, such as residential apartments above retail stores. However, not all mixed-use properties are solely focused on income generation as commercial properties are.

Thus, defining property types accurately is crucial in real estate, and identifying commercial properties correctly is vital for understanding market dynamics related to investment opportunities and income generation.