Rare opportunity to own a mixed-use commercial / residential property in the heart of downtown Chagrin Falls! Located in the middle of all the village has to offer, this unique property includes two rentable units, ideal for a business, long or short term rental, an Airbnb, or live in it as a full residential home! Plus, there is a 9-spot parking lot exclusive to this building! The first floor unit includes four spacious rooms, a sunroom, a kitchen, and a full bathroom. The second floor unit includes a kitchen, three bedrooms, and a full bathroom. One bedroom could also be used as a living area and steps out to a lovely terrace with views of the village. The third floor could easily be finished into a sleeping loft, additional retail space, or used as storage. The lower level was recently fully waterproofed (Sept. 2021) and includes a laundry area and plenty of storage space. Other recent improvements include a 2016 furnace, new windows in 2017, parking lot paving in 2017, and a new air conditioner in 2020. Located just up the street from Chagrin Falls Waterfall, this property is right in the midst of popular restaurants, boutiques, and nightlife destinations in the historic Chagrin Falls Village. Do not miss this chance to own this excellent investment and income producer with a strong rental history!