Discover a unique opportunity to live and work in the scenic mountain region near the historic town of Collbran, Colorado. This dual-zoned property-both commercial and residential-sits on busy Highway 330 frontage and offers versatile spaces for your business, rental income, or personal use. The main building features a spacious workshop with concrete floors, overhead lighting, workbenches, a wood stove, exhaust fan, and a storage room with built-in shelving. Through the ornate glass front entry, you'll find a living or office area with wood-paneled walls, unique lighting, and wood flooring. A separate section offers a built-in office setup adjoining an efficiency-style kitchen with breakfast bar and bay window. The ¾ bath includes hookups for a stackable washer and dryer, a walk-in shower, and a vanity. Upstairs, the loft bedroom features a walk-in closet and overlooks the main living space. A separate building houses a private studio apartment with its own ¾ bath-ideal for a guest, tenant, or office use. An additional unit offers wood paneling, baseboard heat, and storage space, perfect for a second office or creative studio. Enjoy the large deck, storage shed, and privacy-fenced backyard-ideal for relaxing or entertaining. Additional amenities include forced air heat, a private well, sewer system, gravel parking, and reliable access to internet, cell service, landline, and package/mail delivery. Surrounded by endless recreation, small-town events, and natural beauty, this is a rare chance to create your vision in a small-town mountain setting. This property is bank owned and no sellers property disclosure will be provided.