Exceptional mixed-use residential/commercial opportunity in the heart of downtown McMinnville. This versatile property features a spacious commercial area on the bottom level (approx. 900 sq. ft.) complete with restroom and storage space, ideal for retail, studio, or entertainment use. The downstairs area opens to a commercial-zoned parking lot and has previously hosted a food truck, open-air concerts, and skateboarding events, offering excellent flexibility for creative ventures. The commercial listing is MLS#3039699. A balcony overlooks the entertainment area, providing additional seating or display potential. There are three separate meters—one for the commercial space, one for the upstairs residence, and one for an exterior vendor such as a food truck—allowing independent use or income generation. The upstairs apartment offers approximately 1,000 sq. ft. with two bedrooms and one bath, fully remodeled to code with a certificate of occupancy in place. Multiple entry points—front street, side entrance, and interior stair access from the commercial space (with lockout option)—make this an ideal setup for live/work or rental scenarios. The residential apartment is virtually staged to help you visualize. Located just off the historic square and near Smooth Rapids restaurant and campground, this property enjoys excellent visibility and proximity to downtown amenities and river recreation. MAIN STREET LIVE & PARK THEATER are nearby as well as Fall Creek Falls and other recreation attractions. A perfect opportunity for entrepreneurs, investors, or anyone seeking a dynamic downtown lifestyle with built-in income potential.