242 RACE STREET 242 Race Street is a 1, 200-square-foot space in the Old City District on Race Street. The space includes a private backyard and a basement for storage. A video link for more details is available. The Old City District on Race Street in Philadelphia, Pennsylvania. It's a bustling, historic neighborhood with landmarks, shops, and restaurants. The area is home to Independence National Historical Park, which includes famous sites like Independence Hall, the Liberty Bell, and the First Bank of the United States. All within proximity, Old City is also known for its charming streets, such as Elfreth's Alley, one of the oldest residential streets in America, dating back to 1703. The neighborhood is a popular destination for tourists and locals alike, offering a mix of historic attractions and modern amenities. With its rich history and vibrant atmosphere, the Old City District continues on Race Street; this location falls below the 3rd Street corridor, which is excellent for shopping and where you can find food and drinks. NNN Lease