This unique mixed-use asset in the heart of historic downtown Baker City offers a powerful combination of immediate cash flow and substantial value-add potential. Strategically positioned for the 2026 market, the property features 7,500 SF of fully leased street-level commercial space, providing a stable income anchor in a high-visibility district. Investors can immediately scale returns by activating the 7,550 SF finished basement, an ideal canvas for a boutique gym, creative studio, or premium climate-controlled storage. Further driving the asset's long-term appreciation is a secured Oregon Main Street Revitalization grant, which will fund the installation of a modern elevator servicing all levels, including the 5,000 SF luxury executive loft above. This "urban-meets-rural" flagship is perfectly suited for an owner-user or a savvy investor looking to capitalize on Baker City’s revitalized core and the growing demand for amenity-rich, flexible commercial footprints.