Discover a rare and versatile Residential/Commercial investment opportunity in the heart of downtown Cooperstown. This meticulously decorated property features one retail space along with one residential space, offering the perfect blend of business and living potential. The home includes three bedrooms, a bonus room for additional sleeping and one and a half baths, while the full finished walk-out basement has been thoughtfully converted into a beautiful studio apartment that can also serve as additional retail or office space. With commercial and residential zoning and multiple private entrances, the possibilities are nearly endless—ideal for retail, office use, apartments, restaurants, or a seamless live/work setup. The property also includes a full walk-up attic, providing excellent storage or future expansion potential. Outside, you’ll find two to three parking spaces conveniently located behind the building in the alley, along with a small, fenced backyard for added privacy or outdoor enjoyment. Situated just a short walk from downtown shopping, dining, and the scenic beauty of Otsego Lake, this prime location enhances both lifestyle and business appeal. To make your transition even easier, the sellers are including all furnishings, making this a true turnkey opportunity where the world is your oyster.