Prime highway frontage commercial property in the heart of the highly sought-after Pinetop-Lakeside area! Zoned C-1 with 35+ permitted uses, this versatile property offers incredible potential for a wide variety of businesses including a bakery, bar, restaurant, art studio/shop, dance studio, boutique, and much more--let your imagination run! Uniquely, this property can also function as a residential home, qualifying for a residential loan, or it can be utilized commercially for your business venture. The property features two separate units, each offering 1 bedroom, 1 bath, and a loft--perfect for additional sleeping space, office, or flex room. Both units include full kitchens, creating ideal options for short-term rentals, long-term rentals, live/work opportunities, or multi-generational living. Rent one unit and live in the other, operate a business in one space and reside in the other--the possibilities are endless. Recently fully restored, the property showcases: " Durable metal roof " Attractive wood siding " Two-car detached garage " Landscaped yard " Covered front and back decks " Excellent highway visibility for business exposure Interior features include two electric fireplaces (one in each unit), a pellet stove in the front unit, and a beautiful stone fireplace that adds warmth and character. Situated at an elevation of over 6,800 feet, you'll enjoy cool mountain summers, crisp winters, and all four beautiful seasons. Whether you're looking for a business opportunity, investment property, short-term rental, or mountain getaway, this unique property delivers unmatched flexibility in a fantastic location.