This versatile mixed-use building in the heart of Downtown Redwood Falls offers a great opportunity for both investors and business owners. The main level features a turn-key commercial space with a flexible layout, making it ideal for a boutique, specialty retail shop, office, or other business ventures looking to benefit from strong visibility and steady foot traffic. Inside, the space showcases exposed brick walls, warm wood floors, and large front windows that fill the interior with natural light and create an inviting storefront presence. A dressing room, existing counter area, and additional storage in the back add to the functionality, allowing for an easy transition into a new or expanding business. Upstairs, the property includes two residential units, adding valuable income potential. One unit offers one bedroom plus a non-conforming bedroom, while the second features two bedrooms. One of the apartments is currently rented, providing immediate cash flow. Both units also have access to the rear rooftop area, offering potential for a shared outdoor space, and each apartment is equipped with its own separate electrical meter. Located in a prime downtown setting, this property combines commercial opportunity with residential income, all in a location that continues to grow and attract new energy. Whether you are looking to invest, occupy, or both, this is a unique chance to be part of Downtown Redwood Falls.