158 N Water St

Great investment opportunity with versatile commercial space and a spacious apartment! Formerly Bill and Rae’s Bar, this property features a beautiful wood bar topped with sports décor, offering character and a memorable setting for your business vision.A beautiful decorative pressed tin ceiling adds vintage charm and character to the space.Explore the potential for a restaurant, bar or other business, subject to applicable approvals. A liquor license would need to be purchased separately for alcohol service. Upstairs, the four-bedroom apartment offers its own entrance, laundry, sitting area with a great view, bathroom hook up in a bedroom and a full attic. Additional second-floor space includes a cooking area with a hood, storage and an office area, providing flexibility for business needs or extra space. A large backyard and parking add to the property’s appeal. AC unit for bar area but not sure if it works. Sewage line was replaced when purchased. Bring your vision and explore the income potential of both the commercial and residential spaces!