Boasting a prime position in the heart of Essendon's Rose Street Village is a generous two level terrace offering impressive investment and business opportunities with the flexibility of commercial 1 zoning. Directly opposite Essendon station, the property enjoys high exposure to both pedestrian, commuter and vehicular traffic and benefits from the area's thriving cafe scene, private school patronage and residents who take pride in shopping locally. The existing building comprises spacious shopfront with access to rear storeroom and generous backyard with a detached double garage entered from a shared laneway. Upstairs, a bright and airy residence consists of central kitchen/meals, with electric appliances, next to a charming living room featuring high ceilings, polished floorboards and an adjoining enclosed verandah. Completing the layout are 2 bedrooms, main with built-in-robe, linking to a bathroom and light filled study/sunroom with views. Currently occupied by excellent, long-term tenants, operating retail outlet and residing on-site, this is an outstanding opportunity for astute investors and future home-based business operators.