Dreamed of living downtown, here's your chance! Experience the charm and convenience of living in the heart of Downtown Blue Ridge! This inviting 2-bedroom, 1-bath home offers 1,176 square feet on the main level, plus a versatile bonus room that could serve as an additional bedroom, home office, nursery, oversized walk-in closet or private sitting room adjoining one of the bedrooms. Original hardwood floors remain intact and in beautiful condition, adding warmth and character throughout the home. The sunroom and laundry room feature updated flooring, while numerous improvements provide added peace of mind, including replaced and painted exterior siding, electrical wiring, and ductwork, an improved interior ceiling, freshly painted interior, and a new roof installed less than 10 years ago. The exterior landscaping was also enhanced in July 2026 improving the curb appeal and adding character to the already charming home. An additional 1,048 square feet in the unfinished basement provides abundant storage and exciting possibilities for a workshop, hobby area, or future finished living space. The property is connected to city water and sewer and is within walking distance of downtown restaurants, shopping, entertainment, and the Blue Ridge Scenic Railway. Best of all, the property's C-1 zoning creates the flexibility to enjoy it as a downtown residence or explore its potential for a professional office or other permitted commercial use. Whether you envision a charming in-town home, a convenient live-work setting, or a property with future business possibilities, 3260 East First Street offers a rare combination of character, location, and versatility. Buyer should verify all intended uses with the City of Blue Ridge.