Is renting out a classroom for workshops a good idea?

Was planning to rent a commercial space turn it into a classroom and rent it out. Good idea? or not?

That depends...is there a need for this type of space? Have you contacted potential renters to see if there is a need or interest. Have you done a survey of similar space available to see what it rents for and would your investment, at market rental rates, make sense.
Good luck.
Hope this helps

Don't know.

How large is the market for class room space?

Who would be your customers?

Can they rent space somewhere else? Like a school, church, hotel etc? Usually they can.

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