Rare opportunity to own a beautifully updated historic village property with rental income and commercial potential. Set on a generous 1/2 acre lot and listed on the Historic Register, this spacious & sun-filled home features original charm throughout-hardwood floors, a tin ceiling, and an open staircase.The property includes a fully renovated commercial space, currently home to Red Leaf Brewing Tap Room-offering a turnkey brewery setup or flexible space for other business ventures. The second level has been completely renovated with 3/4 bath, laundry hookups and full kitchen. A second unit with a private ¾ bath on the first floor offers the option for a second apartment. Live in one, rent the other, & run a business-all in one location. Extensive updates include a modern on-demand LP boiler, 22 high-efficiency Low-E vinyl windows, updated electrical (panel relocated to the main level), and blown-in cellulose plus spray foam insulation for year-round comfort. Outside, enjoy a detached garage (a former horse barn), a lush yard with mature perennials, & a multi-use shed. Fantastic location-walk to shops, library, art galleries, and the Historical Society.Adjacent to the Cambridge Community Center with fitness and sports courts, and just minutes to Smugglers' Notch Resort. Easy access to the Lamoille River & Rail Trail. Whether you're looking for a unique home with future income potential, a business opportunity or a turnkey taproom - this property checks many boxes!