Meticulously maintained and move-in ready, this versatile property offers exceptional visibility with prime frontage along The Derby Road/US Route 5 on a spacious 0.46-acre lot. Zoned Village Commercial Derby Center (VC/DC), the property provides a variety of potential uses including a primary residence, home occupation, office, personal service business, retail establishment, and numerous other conditional uses. The home features 930 sq.ft. of finished living space with an updated eat-in kitchen, comfortable living room, three bedrooms, and a full bath. Additional highlights include an enclosed front porch, full basement offering excellent storage and workshop space, attached two-car garage and a rear patio. Extensively renovated in recent years, improvements include a beautifully remodeled kitchen with quartz countertops and stainless steel appliances, updated bathroom, fresh interior and exterior paint, laminate flooring throughout, updated lighting, vinyl replacement windows, and more. Serviced by village water and sewer, high-speed cable and internet, and efficient propane forced hot air heat. The level lawn, paved driveway, and ample parking further enhance the property's appeal. Whether you're seeking an affordable home, business location, or investment opportunity, this turnkey property offers outstanding value, flexibility, and convenience in the heart of Derby Center.