Located in the heart of Arthur Avenue's Main Strip, this one-of-a-kind property offers incredible potential. Formerly zoned commercial and currently zoned residential, this versatile building may present opportunities for a variety of uses. The front of the building features a large display window, adding character and curb appeal. Enjoy the park directly across the street, providing the feel of a spacious front yard without the maintenance. Conveniently surrounded by local shops and just down the road from the waterfront. Inside, you'll find a spacious entertainment area featuring the original dance floor from the historic Lake Shore Club, creating a truly memorable gathering space. The original bar from the Lake Shore Club serves as a unique divider between the entertainment room and the family room, adding character and a touch of local history. One of the property's most distinctive features is a built-in cypress boat that can be creatively transformed into an additional sleeping area or bedroom. Toward the rear of the building is another room that can serve as a bedroom and includes a private bathroom with a shower. The family room offers a functional kitchen island equipped with an electric cooktop and convection oven. Completing the property is an attached covered two-car carport located at the back of the building. If you're looking for a property with character, history, and endless possibilities in a prime location, this is one you won't want to miss!