Fantastic Commercial/Residential investment opportunity in Fenelon Falls. Zoned C1 -many possible uses including professional offices, retail, restaurant & much more. This appealing building has had numerous updates since 2013: new windows, metal roof, re-insulated exterior walls, plumbing, electrical, drywall, flooring, custom wood trim and doors. The first floor is rented with the main tenant hoping to stay. This 1000 square foot space with 2 bathrooms (2pc + 4pc) offers two separate entrances with one accessibility entrance via a ramp to a large covered porch. The second rental space on the main floor is 125 sq ft and has a small sink. It shares a bathroom with the other main floor tenant. The 1125 sq ft 2 bedroom residential apartment upstairs had many high-end upgrades in 2022, such as new kitchen with quartz counters, beautiful marble backsplash, under counter lighting and new appliances. Equal high-end detail was given to the bathroom with curbless glass walled shower, double vanity and heated tile floor. Extra-large storage is throughout including built-in full-size washer and dryer. Two spacious bedrooms offer a convenient choice for the owner to live upstairs or rent it out long-term or short-term. Seasonal view of the falls from large balcony. Best view in town for the fireworks displays on Santa Day! High-end Furnishings not included but could be negotiated with the right offer. Newly installed air conditioner and Natural Gas F/A HVAC system. 3 separate hydro meters. Paved parking on site extends to hold a shelter logic garage with metal roof. Extra parking next door in municipal parking lot. A graciously landscaped exterior with new front entrance porch, and extensive, perennial gardens surround the building and property lines. New paved patio with cedar gazebo and large storage shed. Invest in this tourist town on the Trent-Severn Waterway and be part of this rapidly growing community.