Located within the historic Lake Eola Heights and Mills 50 District, this unique mixed-use property presents both residential and commercial potential! Situated just off East Colonial Dr., it’s conveniently located within a short stroll to top-rated restaurants, shopping, and essential businesses, all while remaining tucked away from heavy traffic! The main home, built in 1935, exudes historic charm, blending timeless features with modern-day conveniences! The detached unit, built in 1999, features a two-story layout with a garage and serves as a fantastic addition to the property! Each unit includes a separate 1 bedroom, 1 bathroom, kitchen, and washer/dryer creating unmatched additional living or rental potential! This is a rare opportunity to own a versatile property just five minutes outside of Downtown Orlando, with seamless access to Winter Park, College Park, Altamonte Springs, and Orlando International Airport via East Colonial Dr.! A short stroll brings you to Publix, eclectic bars, vibrant restaurants, entertainment, and parks, making it the ideal location for both work and play! Hillcrest Elementary is just down the street on Hyer Ave., adding extra convenience for families! The property has been successfully utilized for both business and rental purposes, providing endless possibilities for a buyer looking to maximize its full potential! Don’t miss your chance to secure a gem in one of Orlando's most sought-after districts!