Outstanding investment and owner-user opportunity in the heart of Downtown Coalinga! This approximately 5,124-square-foot, two-story commercial building offers multiple income-producing spaces and excellent potential to increase revenue through lease-up. The property features an established restaurant tenant occupying the main restaurant space, a spacious former salon with improvements ready for a new operator or alternative business use, and three upstairs office suites that provide additional rental possibilities. One upstairs suite is currently used by the restaurant tenant for office and storage. The flexible layout can accommodate a variety of professional and service-oriented businesses, including beauty, legal, accounting, property management, counseling, wellness, insurance, real estate or administrative offices, subject to city approval. Located along a charming tree-lined downtown street near City Hall, banking, shopping, restaurants and professional services, the property offers storefront visibility, rear parking and convenient customer access. Ideal for an investor seeking multiple income streams, a business owner who wants to occupy the vacant salon or office space while receiving rental income, or a value-add buyer ready to improve occupancy and maximize.