Prime opportunity in the heart of Estacada! Zoned C-2, this centrally located property offers excellent potential for a variety of commercial, investment, or mixed-use possibilities. The property currently features a well-cared-for 1930s bungalow with 1 bedroom and 1 bathroom, providing an existing structure that could offer flexibility for office, professional, or other potential uses subject to City approval. The building is equipped with a mini-split for heating and cooling, smart thermostat, tankless water heater, exterior security lighting, and cameras.The fully fenced property also features a spacious backyard, large deck, RV/vehicle parking, and separate tool/storage shed, providing valuable outdoor and storage space. Located near Estacada's schools, shopping, restaurants, parks, and other local businesses and amenities, this property offers a convenient in-town location with excellent potential for an owner-user, investor, or future redevelopment opportunity. C-2 zoning provides added flexibility for those looking to take advantage of Estacada's continued growth while retaining the option of the property's existing residential use. Buyer to verify zoning, permitted uses, development potential, and residential/commercial use requirements with the City of Estacada.