Right in the heart of Petersburg's iconic town square, this updated commercial building offers a turnkey opportunity with flexible use potential-ideal for gallery, boutique, studio, professional offices or an array of retail purposes. The front showroom has been fully renovated with drywall, lighting, fresh paint and a hospitality nook complete with quartz countertops and a wine fridge. Toward the back there is a tastefully remodeled half bath & new kitchenette with pocket door, sink, countertop & dishwasher. The back room features an office, storage area & access to the full basement. Upstairs, a loft overlooks the main floor-perfect for storage. Some classic character elements like original pine ceiling remain intact, while key updates include a new water heater (2025), AC (2020), furnace & dehumidifier (2019), plus multiple exterior improvements in both the front and back promise attractive appeal for years to come. Positioned among other similarly restored historic buildings & businesses, this spot sees high foot traffic & exposure in its central location to the surrounding areas. A rare opportunity to own a clean, well-located commercial space in one of Central Illinois' most walkable & tourism-friendly districts.