Located just one block east of Fremont’s main intersection, 119 E Toledo Street presents a unique mixed-use investment opportunity in the heart of downtown. This versatile property features a 1,520 sq ft main floor commercial space with both front and rear entrances, two half bathrooms, and its own electric and gas meters, furnace, and central air—currently leased at $550/month. The upper level includes two residential apartments: a front-facing 2-bedroom, 1-bath unit (approx. 800 sq ft) with separate utilities and central air, and a rear 2-bedroom, 1-bath unit (approx. 720 sq ft) that is all-electric with two window A/C units. Both apartments include appliances and are currently rented at $550 and $500/month respectively. The building is served by a single water meter, with water, sewer, and trash paid by the owner. With a metal and shingle roof, public utilities, and a prime location near local shops and eateries, this property offers strong cash flow and long-term potential in a growing community.