Prime Opportunity in the Heart of Downtown Lakeville/Salisbury. A rare chance to own a distinguished Federal-era residence, seamlessly transformed into a versatile commercial space while maintaining the possibility of restoring it to a stately private home. Nestled in the vibrant center of Lakeville, this property blends historic charm with endless potential. Brimming with timeless character, the building showcases soaring ceilings, elegant wood moldings, and classic architectural details throughout. The main level features eight spacious rooms, allowing for customized configurations, while a half bath and laundry room add functional convenience. Upstairs, the owner’s private residence offers additional flexibility, easily transitioning to expanded living quarters. This level boasts two bedrooms, an office, two inviting living areas, kitchen, and full bath-all bathed in natural light and rich in character. A standout feature is the expansive 670 sq. ft. deck-a serene retreat framed by specimen trees and overlooking the beautifully landscaped grounds. The .76-acre lot offers generous rear parking, a lush green lawn, mature trees, and a meandering brook, enhancing the peaceful setting. The 1,152 sq. ft. basement provides further versatility, complete with a full bath, workshop space, mechanical room, and ample storage. Positioned in the highly sought-after Northwest Corner of Connecticut, this exceptional property presents a unique opportunity to live and work in one of