Positioned in the heart of downtown New Milford, this exceptional mixed-use property blends historic charm with modern-day opportunity. Originally built in 1830, this antique colonial offers timeless architectural character paired with thoughtful updates, making it an ideal setting for both business and investment. The first floor features approximately 1,332 square feet of freshly painted, meticulously maintained commercial space-perfect for retail, office, or boutique use. With excellent visibility along South Main Street and steady foot traffic from the surrounding shops, restaurants, and town green, this location provides a strong foundation for a thriving business. Above, the second-floor residential unit is currently tenant-occupied with a one-year lease in place, offering immediate rental income and added flexibility for investors or owner-occupants. Rich in period details and curb appeal, the property reflects pride of ownership throughout. Its prime location within New Milford's quaint and vibrant downtown enhances both convenience and long-term value. A rare opportunity to own a piece of local history while securing a versatile, income-producing asset in one of Litchfield County's most desirable town centers.