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A commercial property is any type of property that is used to generate a profit. The property may generate profit from either rental income or from capital gain. Some countries and states also consider residential properties with more than certain numbers of units as commercial properties.
Commercial real estate (CRE) is property used exclusively for business-related purposes or to provide a work space rather than a living space, which would instead constitute residential real estate. Most often, commercial real estate is leased to tenants to conduct income-generating activities.
This broad category of real estate can include everything from a single storefront to a huge shopping center.
There can be multiple types of commercial real estate (offices, warehouses, store locations) and they often tend to be more profitable than residential properties.
Extra reading:
https://www.investopedia.com/terms/c/commercialrealestate.asp
https://corporatefinanceinstitute.com/resources/commercial-real-estate/commercial-real-estate/
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