Spend the night in the "City Jail" with seven of your best friends! Industrial loft with contemporary touches meets historical charm in the heart of historic downtown Lakemont. This beautifully renovated 1922 old brick building, has 1,800 square feet and offers an exceptional blend of vintage character and contemporary comfort. Imagine owning a piece of local history, situated within ear-shot of tranquil Tiger Creek and steps away from charming shoppes and structures of yesteryear, including the iconic The Old Store at Lakemont (Alley's). This versatile property is zoned Vacation Cottage, making it ideal for use as a Short Term Rental (STR) on platforms like VRBO or Airbnb, or as perfect "overflow" space for your nearby lake home. Furthermore, it presents exciting potential for commercial or retail space, given its prime location. Please note, the septic permit for this property is for 3 bedrooms. Step inside to an exquisite interior, fully renovated in 2023, featuring bold surfaces, impressive light fixtures, new appliances, contemporary bioethanol fireplace and a brand-new HVAC system for year-round comfort. The home boasts stunning concrete floors throughout and a beautiful multi-pane window package at the front and back that floods the space with natural light. The open-concept living area is truly a showstopper, with its 12 foot ceiling. This versatile property offers comfortable accommodation for up to 8 guests. A charming outdoor patio, nestled in its own alcove to the side of the building, extends your living space, ideal for relaxing or entertaining. The front entry features a distinctive heavy 'Dutch door'. A classic 'Coca Cola' sign, painted directly on the brick exterior, further seals its historic significance. Location is everything, and this property delivers. You're just minutes from the vibrant Lake Rabun marina known as Hall's Boat House, aka Rabun Boat House, the historic Lake Rabun Hotel, and the renowned Max's Restaurant. Outdoor enthusiasts will delight in the close proximity to Tallulah Gorge State Park, offering hiking, running, biking, and swimming along the Short Line Trail, as well as access to Tallulah Lake. For more dining and shopping experiences, the charming downtown of Clayton is just a 10-minute drive away, renowned for its amazing shoppes and restaurants on Main Street. This meticulously updated historic gem offers an unparalleled lifestyle in the North Georgia Mountains. Don't miss your chance to own a piece of Lakemont's vibrant history!