Authentic waterfront commercial property with permitted residential use! Situated on .65 acres with 148 feet of waterfront and 100-plus year-old oak canopies, it offers a one-of-a-kind craftsman cottage, 2 studios or offices, 6 boat slips, and a concrete padall with backup power from a 22-kilowatt propane generator. This property provides a unique opportunity because of its versatile use and location. Current zoning permits this space to be creatively activated with ideas such as a brewery, restaurant, shops, wedding venue, yacht club or marina. If a commercial endeavor is not of interest, keep it as a private residence, recording studio or artist sanctuary.The cottage was remodeled in 2017 with modern amenities while thoughtfully maintaining the historic integrity. This open floor plan with artistic touches incorporates finishes like African Wenge and Walnut flooring, a pecky Cypress live edge vanity, beautiful custom stained-glass, reclaimed beams, and panoramic windows overlooking the gardens, deck, fire pit, and St. Johns River for stunning Western sunsets. The private second bed and bath downstairs also has a separate entrance for guests or potential renters.This property is across from 387,000 acres of the Ocala National Forest. It's truly a wildlife sanctuary with animals like bald eagles, manatees, and herons in your back yard. Welaka is a quaint town with convenient access to St. Augustine, Jacksonville, and Daytona. It's a golf cart community with gravel paths canopied with live oaks. It is home to entrepreneurs, artists, veterans, and even world-class outfitter brands, which is fitting considering the river is known as the Bass Fishing Capital of the World and Welaka means river of lakes.1,000 square foot cottage, 800 square foot studio.