Extraordinarily unique urban-residential property with substantial investment potential! Situated on a spacious lot just opposite Rogue River, this well-established property boasts an ideal UR-1 (Urban Residential) zoning, allowing for various uses such as a single-family dwelling, group living, daycare, or a grandfathered-in produce stand. With remarkable adaptability for both business and residential purposes, the main living area of approximately 2800 square feet features 4 bedrooms, 3 bathrooms, a kitchen, sizable bedrooms, two full bathrooms, and a living room with a charming brick fireplace. The additional 1621 square feet, can be easily converted into diverse spaces. Whether you're an imaginative individual in search of a distinctive home or an entrepreneur pursuing a business venture, this property offers a plethora of options. Formerly known as Lee's Olive House. Property also listed on loop net. Seller financing available.