Versatile mixed-use opportunity in a prime location on Rice Street, north of University Avenue. This two-story commercial property offers both income potential and flexible use options. The upper level features two residential units, including a spacious 3-bedroom filled with character-showcasing beautiful natural woodwork, 9-foot ceilings, and abundant natural light. The second unit is a comfortable 1-bedroom with access to a private walk-out deck, perfect for added tenant appeal. The main level is well-suited for a variety of uses including office, retail, storefront, or professional services, making it ideal for owner-occupants or investors alike. The property is zoned mixed-use, providing excellent flexibility for future use. Additional highlights include updated electrical capacity with 400 amp breakers on the main level and a separate 100 amp service for the upper level. Positioned in a convenient and high-visibility corridor, this property also benefits from planned road improvements scheduled for 2027-with no assessment to the owner. A unique opportunity to own a multi-functional property in a growing area.