Can You Reside in a Commercial Property? What You Need to Kn

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If you’ve ever considered living in a commercial property, you’re not alone. Many people are curious about the potential of blending residential and commercial spaces, whether for financial reasons or lifestyle choices. In this blog post, we’ll explore whether it’s legal to reside in a commercial property, the implications of doing so, and what you should consider before making the leap.
Understanding Commercial Property Zoning
What is Zoning?
Zoning laws are regulations set by local governments that dictate how properties can be used. They are designed to ensure that land is developed in a way that benefits the community and preserves property values. Different zones are designated for residential, commercial, industrial, and mixed-use purposes.
Can You Live in Commercial Property?
Generally, commercial properties are intended for business use, not residential living. However, there are some exceptions:
Mixed-Use Properties: These properties combine residential and commercial spaces.
Street AddressLevel 2, 70 Hindmarsh Square, Adelaide 5000, Australia
Close to transitNo
Near major routesNo
Price per area5 000 USD/m2 - 465 USD/ft2
ParkingNone
Building typeOffice Building
Area25.00 m2 - 269.10 ft2
Lot size50.00 ha - 123.55 acres
Available date9/28/2024