What if this wasn't just a commercial building... but the foundation for something more? Positioned on high-visibility Highway 40 in the heart of Hot Sulphur Springs, directly across from Hot Sulphur Springs Resort & Spa and just steps from the Colorado River, this approximately 1,700 sq ft property invites a different kind of vision, one where income, lifestyle, and possibility intersect. With flexible zoning and layout, this property presents a compelling opportunity for conversion into a duplex or live/work configuration (with approvals), creating the potential for dual income streams, owner-occupancy with rental offset, or long-term investment in a town that continues to draw visitors year-round. The existing structure offers a strong starting point. Previously home to two successful restaurants, the building includes a commercial kitchen equipped with a dual pizza oven, gas grill, griddle, fryer, bar sink and dual line coolers. A wood-burning stove adds warmth and character. Beyond residential conversion, the space remains well suited for a variety of commercial ventures--caf, taproom, wellness studio, coworking space, boutique retail, or professional office--giving you the flexibility to adapt as your vision evolves. Outside, you'll find patio seating, an insulated and powered 12x8 shed (ideal for storage) and plenty of parking spaces. Set in a growing mountain community known for its hot springs, fishing, rafting, skiing, and steady tourism, this property offers more than just location--it offers optionality. Live in one side. Rent the other. Create something that works for you now... and keeps working for you over time.