Prime Opportunity in the Heart of Russells Point. Unlock the potential of one of Indian Lake's most versatile properties, located in the center of Russells Point. This rare offering features a charming 2 bedroom, 1 bath home with 1,316 square feet of living space, ideally positioned just steps from the lake and within walking distance to popular restaurants, shops, and year round entertainment that draws thousands of visitors. Inside, the home offers a spacious living room perfect for gatherings and a cozy three season porch for morning coffee or relaxing evenings. Whether you choose to move in, renovate to match your vision, or repurpose the space for a new business venture, the flexibility here is unmatched. Currently zoned R2 residential, but sits within an M3 commercial corridor, opening the door to a wide range of possibilities. From retail storefronts and mixed use development to short term rentals or your own custom lakeside business. With frontage on a high traffic street and direct exposure to State Route 33, the property offers exceptional visibility and signage opportunities . An ideal setup for investors, entrepreneurs, or developers looking to make their mark in this fast growing lake community. Properties at 202 and 206 are available together or individually. Don't miss your chance to establish a footprint in one of Russells Point high traffic areas. The location speaks for itself, and the potential is endless.