Situated in C-4 zoning, this versatile charming brick-and-mortar building offers both commercial and residential opportunities. Located on the south side of downtown Red Lodge's commercial district, the property has been previously utilized as a storefront with a rental unit downstairs or as two separate living spaces. Recent 2022-2023 upgrades include a new plumbing line from the house to Main Street, double-glazed windows on the main level, fresh interior and exterior paint, new LVP flooring, and updated landscaping. The property also features a single detached garage and a newly fenced backyard with alley access. With endless potential, you can open a small business while living in part of the home or rent out both spaces. Basement windows are not egress windows and both units are metered separately.