Unique Residential & Commercial Opportunity in desirable Port Franks! Welcome to this beautifully maintained and updated bungalow nestled in the charming lakeside community of Port Franks. Situated on a quiet treed lot, this property offers incredible potential for homeowners, investors, business owners or a combination to suit any buyer. The spacious main home features a bright and airy open-concept layout boasting a large kitchen loaded with storage, stainless steel appliances and wrap around island with two- tier breakfast bar; 2 bedrooms and 2 full bathrooms including primary suite with walk in closet and spa-like ensuite; living room with laminate flooring; dinette with direct access to the backyard; main floor laundry; and office space with built-in shelving. Enjoy your morning coffee and the sounds of nature in the private treed backyard or on the generous front deck.A large detached garage/workshop has 200amp service, 2- piece bathroom, and sink with counter and shelving providing ample space for hobbies, storage, parking or entrepreneurial use. At the rear of the property, you'll find a two-storey dwelling with two self-contained, and fully furnished apartment units with shared laundry hook-up, including main floor one bedroom unit and upper unit with two bedrooms plus den, kitchen with dishwasher hook-up, along with private deck - ideal for rental income or visits with extended family. Whether you're looking for a peaceful home base, an income-generating property, or a unique business opportunity, this one-of-a-kind property offers endless possibilities in a sought-after location near beaches, trails, and amenities. Dwellings are all well insulated, 2 operate. septic (apartment & shop share one). Updates include: Furnace and A/C 12 yrs, metal roof 10yrs, shop metal roof 6 yrs, windows and exterior doors 13 yrs, kitchen 13 yrs, main bath 12 yrs, ensuite 7yrs, extension on rear of home 13 yrs, soffit and fascia 13 yrs, gazebo 3yrs (all ages are approximate).