Enjoy a 2 bedroom residence on the 2nd floor of this gorgeous waterfront property overlooking Seldovia Bay and our small boat harbor! As they do in Europe, live upstairs and run your business downstairs! Zoned Commercial Business, it is a requirement to have a business on site, and there is an established nightly rental downstairs facing the bay, as well as an office or retail space streetside.In the Commercial Business zone, steps from the bustling harbor and a stone's throw from shops, the airport, and all town amenities, this is your chance to craft a thriving business while living in coastal luxury upstairs. Seldovia's tranquil charm calls for innovative, creative, and entrepreneurial minds to blend work, living, and play in this dynamic waterfront haven. The Main Street-facing commercial space showcases prime frontage, ideal for a gift shop, retail boutique, or professional office, capturing the town's vibrant foot traffic. On the waterfront side, a super large patio leads to a fully furnished 1-bedroom apartment, perfect for a B&B or vacation rental. Bright and spacious, with a newly remodeled kitchen and bathroom, this apartment features a cozy living room with couches, chairs, and a queen Murphy bed, plus a covered patio with table and chairs for guests to soak in harbor views, sheltered from sun or rain. All apartment furniture transfers with the sale, making it rental-ready from day one! The surrounding lush grass yard, Seldovia's only large lawn on the harbor front, creates a stunning backdrop for weddings, family gatherings, or waterfront entertainment, basking in sun from morning to sunset. This property is located in the heart of the community, between the Linwood Bar and Grill and the Boardwalk Hotel & Otter Cove Ice Cream! The post office and grocery store are also right across the street which makes this property's central location perfect for guests staying with you! Upstairs, your private oasis awaits with expansive harbor, mountain, and waterfront views from a large deck, perfect for morning coffee or sunset serenity. The bright, open-concept living room flows into a chef's kitchen with solid surface countertops, new appliances, modern lighting, and a grand island with a bar sink, ideal for entertaining. An open dining area under vaulted ceilings, a cozy fireplace, two spacious bedrooms (including a water-side master with a fully remodeled ensuite bathroom from 2023-2025), a guest full bathroom, and a large pantry complete this retreat. Run your business below and escape the "busy-ness" of Main Street in this serene upstairs haven! The property's rare single-car garage and high-ceiling workshop is a game-changer, offering secure storage for kayaks, bikes, a vehicle, ATVs, or canoes, or space for creative projects, protected from the elements. With room to build an additional structure on this expansive lot, you can expand your vision,think more rentals, a studio, or a custom creation. Much of the upstairs furniture will transfer. The seller's personal items, artwork and select pieces, along with the gift shop merchandise and golf cart rental business, are not included. This unique waterfront property, surrounded by a gorgeous grass yard and zoned for commercial success, this is a launchpad for your entrepreneurial dreams, with proximity to all harbor activity and town conveniences. Come explore this unparalleled opportunity and shape your future in Seldovia's coastal heart!