485 S Jefferson St Exceptional opportunity to own a versatile property in the heart of the Village of Waterford. The main floor has been tastefully updated over the past five years and is primed for your creative vision. Whether you're ready to open your restaurant or customize the interior to suit your business needs, this space offers flexibility and appeal. Zoned for General Business, the property supports a wide range of business types, benefiting from excellent downtown visibility and ample parking to accommodate various uses. Upstairs, a comfortable 2-bedroom, 1-bath apartment currently hosts a long-term tenant, offering additional income potential. While the property may need some TLC, the right business and vision can unlock its full potential. This is a hidden gem waiting for its next owner!