Welcome to Colby Place! This Whitehall landmark has been extensively renovated maintaining the original integrity of the building while adding modern amenities. This 9,600 sq ft building is zoned for commercial use on the main floor and residential use on the 2nd and 3rd floors. "The Loft", occupying 3900 sq ft on the upper floors, offers views of the water from the two story great room. This breathtaking space offers flexibility for use as a primary home, event space or short term rental. The great room space hosts an elevated music area, a kitchen and separate dry bar area. The original double staircase was maintained during renovations, while a new staircase and custom railings were added to meet todays safety code. The new staircase leads you to a sitting area, sauna, and a catwalk to the 'loft bedroom' with full bathroom. Imagine waking up and looking over the great room and out to the water every morning! The original projector room has been turned into an extra large walk in closet and could easily become a theatre room or den. Two bedroom spaces and a full bath compete the front section of the loft. This space is also heat zoned separately. It connects to the front foyer entrance from Colby, providing the opportunity to use it as a separate office suite. The architecture and quality of work in The Loft is sure to impress! The main level 3000 sq ft commercial suite offers a storefront on Colby in the downtown shopping district as well as an ADA entrance off the back public parking lot. This suite offers an ADA bathroom and the current buildout of offices has been converted into an escape room. Utilities for this suite are separate from The Loft. 3000 sq ft full basement with a fire-safe room provides plenty of storage or space to expand. This building had a new roof in 2026, new boiler in The Loft in 2022, and extensive renovations in the early 2000's to bring it back to life. Don't miss your opportunity to own this unique piece of history! Buyer to verify all information.