Versatile property on 0.59 acre in Spencer city limits on SR 46! Charming brick ranch, spanning 1496 square feet w/ 3 bed/2 bath presents an exciting opportunity for both residential living & entrepreneurial pursuits, as it is zoned for residential & commercial use. Entering the front foyer w/ ample closet space you are greeted by a spacious living room, perfect for family gatherings and relaxation. The formal dining room with new LVP flooring provides an ideal space for entertaining guests that opens into the three seasons room with its charming brick floor and abundance of natural light. The kitchen featuring cherry cabinetry, sleek solid surface countertops, & updated stainless-steel appliances. The attached two-car garage comes complete with built-in cabinets and attic storage. The property boasts a fenced-in backyard, creating a secure haven for both children & pets to play. The low-maintenance brick exterior, large front porch, and new roof contribute to the property's curb appeal and durability. Updates in this well-maintained home, including a recently installed HVAC system, new windows, & a walk-in shower in the master bath. Whether you're drawn to the prospect of a charming family residence or seeking a prime location for your business, this property offers a rare and exciting opportunity.