Incredible opportunity to own a historic yet modern property in the most prime location in Lake County's burgeoning commercial real estate market. Located in the heart of downtown Lakeport and only steps away from the lake, the property offers prime visibility, accessibility, and proximity to dining, shopping, and recreation. Discover an extraordinary versatile mixed-use retail and multifamily building that seamlessly blends historic charm with modern upgrades, making it a standout investment. The entire building was taken down to the studs and expertly renovated between 2018 and 2022 with no expense spared. The full renovation of this property has transformed it into a modern, high-tech masterpiece, where only the finest quality fixtures and finishes were meticulously applied, creating a pristine and sophisticated offering. Fabulous retail or gallery space on the main street level featuring soaring 13-foot-tall ceilings with gorgeous historic brick walls as a backdrop. Complimented by modern high-end lighting, mini split systems for heating/cooling, multiple storage rooms, and restroom. With its own designated street entrance, upstairs you will find TWO luxury apartments currently operating as successful 5 STAR vacation rentals.