Rare opportunity, first time on the market! Located in the heart of downtown Avila Beach sits this thoughtfully designed mixed-use property with two residential units, commercial space and 7 private parking spaces. The perfect investment property! The two residential units are an estimated to be 1,337 sqft (unit B) and 969 sqft (unit C) with two bedrooms and two bathrooms each, open floor plan kitchen, living and dining areas and private balconies. Unit B features peak-a-boo ocean views, private roof top deck and a garden space. Each with bamboo flooring and tile flooring, 10 ft ceilings, A/C, stainless-steel kitchen appliances, and abundant natural light. The downstairs commercial space is currently being used as a wine shop (business not for sale) and boasts an estimated 1,000 sqft with private bathroom, office space and bamboo flooring. Only a quick stroll to the ocean and located across the street from the Lighthouse Suites and the Avila Beach "Pirate's Park," and close to the Bob Jones Trail, public golf course, Avila Bay Club, and much more!