Live-work unit
A live-work unit is a property designed or adapted to accommodate both private living quarters and a functional workspace or business premises. Common examples include residential studios with integrated workshops, apartments with home offices or retail fronts, or professional practices located within residential buildings.
From a commercial real estate perspective, these units require careful assessment of zoning compliance, utility infrastructure, and mixed-use regulations. Financing and valuation may differ from single-use residential or commercial properties, and local bylaws often restrict business type, operational hours, and client traffic to maintain residential character.