This historic property with active STR-2 license near downtown Fayetteville is incredibly flexible, with past and present uses including residential, live/work, retail, professional offices, an esthetics practice, and more. Beautifully and thoroughly renovated by Flintlock LAB in 2021 with both commercial and residential uses in mind, all main systems were updated between 2020-2022, including a new roof in 2022. Zoned “Community Services,” this property sits directly between the Washington-Willow and Wilson Park Historic Districts and has valuable street frontage on College Ave near downtown Fayetteville. Fully occupied by business tenants at present, the property may not be shown without an accepted offer in place first. Listed for below recent appraised value, this versatile investment opportunity is one not to be missed!