A world of opportunities awaits at this extraordinary property. Envision transforming this historic gem into a thriving multifamily home, commercial venture, or a unique blend of both. The property's solid bones provide an excellent foundation for renovation. The plaster walls and wide plank hardwood flooring are in remarkable condition and protected by a brand new roof. Some paint and attention to detail would bring this place back to a magical time in its history. There is an expansive 2000 square foot open floor space that is perfect for crafting a dream business or entertainment area. The third floor is a blank canvas, ready for your creative vision. A panoramic 'widow's watch' offers a serene retreat. The property also features a spacious 25'x35' two-story garage with heating and insulation. With an estimated 12,000 vehicles passing by daily, the potential for commercial success is substantial, particularly with the upper apartment. This rare opportunity is perfect for forward-thinking individuals or businesses.