Prime Property Opportunity in the Heart of Russells Point. Just steps from the water and within walking distance to restaurants, shops, and entertainment that attract thousands of visitors year round, this location is packed with potential. The home features 5 bedrooms, 2 full baths, and 2,460 square feet of living space. Inside, a spacious living room offers plenty of room for relaxing or entertaining. Updated kitchen appliances and wheelchair accessible rear entry. Whether you choose to enjoy the home as is, renovate to fit your style, or transform the property into a unique business venture, the possibilities are wide open. Currently zoned R2 residential, but located within the M3 commercial corridor, opening the door to a variety of potential uses including retail storefronts, mixed use development, short term rentals, or a custom lakeside business. With high traffic frontage this property offers an ideal setup for investors, entrepreneurs, or developers looking to make an impact. Properties at 202 and 206 are available together or individually. Don't miss your chance to claim a high profile footprint in one of Russells Point most dynamic areas.