Here is your rare opportunity to own an updated 2 storey mixed commercial/residential investment property in the heart of Ambleside's Business District located on Marine Drive. This property features a newer renovated 1,825 sq.ft .* retail restaurant paying market rent until July 31, 2030. The 2nd floor offers a newly upgraded massive 1,750 sq.ft .* vacant residential suite with 3 bedroom, 2 bathroom, new kitchen with all new appliances and skylight, upgraded hardwood floors and fresh paint throughout. Complete with rear outdoor deck and storage room. Your option to live-in or rent out for added monthly income. This property is centrally located one block north of John Lawson Park and the famous Ambleside Seawall and is on a major transit route. It is a 4 minute drive east to Park Royal Shopping Centre and 4 minutes north of the Upper Levels highway. (*measurements were provided by the Seller and should be verified by the Buyer if important).