Welcome to this unique urban commercial property nestled in the charming town of Wellesley, just a short 15-minute drive from Waterloo. Situated on a generous double lot (86' x 137') across from the picturesque Wellesley Pond, this property offers an unparalleled opportunity for small business ventures within the heart of downtown Wellesley. With over 2300 square feet of flexible space, this property is perfect for a variety of commercial uses, thanks to its Urban Commercial zoning. Currently the property is being used as residential use. Imagine the possibilities for a boutique shop, professional office, or café, all within a vibrant and growing community. The residence features five spacious bedrooms and two full bathrooms, providing ample room for live-work arrangements or multi-generational living. The expansive 19' x 24' family room is ideal for gatherings or customer interactions, highlighted by a cozy natural gas fireplace. Step outside to enjoy the serene surroundings on the covered deck, which adds versatility and extra space for client meetings or personal relaxation. The property also includes a detached 616 sq ft garage with hydro, a concrete pad, and a carport, offering excellent storage or workshop potential. Parking is a significant advantage of this property, with a newly paved driveway completed in 2023, providing ample space for customers and staff. The large lot (86' x 137') ensures plenty of outdoor space for additional parking or future expansions. Recent upgrades include main floor renovations in 2024, ensuring the property is move-in ready for your business. Embrace the peaceful small-town atmosphere of Wellesley while enjoying the convenience of urban commercial amenities.