Step into a rare opportunity to own a stately Federal-era residence, now thoughtfully converted into a versatile commercial property, right in the vibrant center of Lakeville. Brimming with timeless charm, this distinguished building showcases soaring ceilings, elegant wood moldings, and classic architectural details throughout. The main level features eight spacious rooms, ideal for a variety of business ventures—from office suites and studios to wellness spaces or retail. A half bath and laundry room add functional convenience. The second floor, currently used as the owner's private residence, offers additional flexibility and could easily transition to expanded commercial use. This level includes two bedrooms, an office, two living areas, a kitchen, and a full bath—all brimming with natural light and character. A standout feature is the expansive 670 sq ft deck, a serene retreat surrounded by specimen trees and overlooking the beautifully landscaped grounds. The .76-acre lot includes generous rear parking, a lush green lawn, mature trees, and a meandering brook that enhances the setting. The 1,150 sq ft basement includes a full bath, mechanical room, ample storage, and a workshop space—currently operating as part of the business. Downtown Lakeville is on the rise, with new businesses and a blend of residential and commercial energy along Main Street. Located in the highly sought-after Northwest Corner of Connecticut, this property offers a rare chance to invest, live, and work in one of New England's most picturesque and dynamic small towns. Whether you're expanding your business, relocating, or investing in a thriving area, this is an opportunity not to be missed. Close proximity to Metro North Wassaic train station, local schools, restaurants, and recreation.