700 N 42nd Street, Philadelphia, PA 19104

This fully renovated, fully permitted mixed-use building is designed for live-work-income flexibility. The property includes two private residential apartments, each featuring 2 bedrooms and 2 full bathrooms, and a ground-floor commercial space that is ready for business use. The commercial area is approximately 760 square feet and includes its own bathroom and storefront presence behind a street-facing storefront on a high-visibility corridor. Improvements include updated all-electric systems, separate electric metering, ductless mini-split heating and cooling, and a full-building $40,000+ sprinkler system supporting life-safety protection and code compliance. The building is positioned to be delivered vacant, with assistance available in locating a first tenant.

The commercial space benefits from street-facing storefront placement along N 42nd Street in Philadelphia. The property is described as being minutes from Drexel University and University City, with access to major employment and medical centers, supporting convenient day-to-day activity for residents and commercial operators.

For buyers, this configuration can support an owner-user who lives in one apartment while operating a small business downstairs and renting the other unit. It may also fit investors looking to lease both residential units and the ground-floor commercial space as separate income streams. The combination of residential privacy, dedicated commercial bathroom, and modernized systems provides a practical basis for a tenant-ready live-work setup.