Versatile investment opportunity offering multiple income configurations: retail or office space with an apartment above, or two residential rental units (one up, one down). The main level features beautiful refinished wood flooring and high ceilings, creating an inviting space well-suited for retail, office, or residential use. This level includes a small kitchen, large bedroom, full bath, laundry and a flexible front office/living area. The upper-level apartment is adorable and offers generous space with two bedrooms and in unit laundry. A two-car garage at the rear of the property provides valuable off-street parkinga nice bonus in this downtown location. Situated on Bluff Street near the iconic 4th Street Elevator, the property is surrounded by local shops and neighborhood amenities, supporting strong, long-term rental demand. A must-see investment offering location, flexibility, and income potential in the heart of downtown Dubuque.