Situated in the heart of historic downtown Round Rock, this premium mixed-use property offers exceptional flexibility with Commercial C-1 zoning allowing both commercial and residential use. Featuring a significant price reduction and a recently updated interior, this turnkey asset presents an outstanding opportunity for investors or owner-users seeking immediate value in a high-demand location. The building is thoughtfully configured with four private suites, a welcoming lobby, a kitchen/break room, one public restroom, and one private restroom. ADA-compliant and designed for functionality, the layout supports a variety of uses, including office, retail, live/work, or income-producing residential conversion. The property is currently occupied by a Christian counseling service and church, offering immediate usability and potential income continuity. The property includes three dedicated parking spaces, plus additional driveway parking for two or more vehicles, along with convenient street parking-an exceptional advantage in the downtown core. The beautifully shaded lot features five mature oak trees creating a stunning canopy and inviting setting. Ideally located with easy access to major corridors, including Interstate 35, State Highway 45, and State Highway 79, with downtown Austin and Austin-Bergstrom International Airport approximately 30 minutes away. Located within a walkable, revitalized district experiencing ongoing growth and city investment, this is a rare chance to secure a versatile, income-producing asset in one of Central Texas's most desirable markets.