The historic Satsuma Hotel right in the heart of downtown Alford, Fl. is a unique 5,076 sq ft property on a .64 acre lot, grandfathered in as a commercial/residential multi use building. Currently used as a private residence, with 18+ rooms, including 8 bedrooms and 3 full modern baths and 2 half baths, this versatile space is ideal for use as a boutique inn, event venue, private residence, or live/work setup. Inside, you'll find heart pine floors, restored original cabinetry, a large entertainment hall (15'x46') with antique sliding doors, a spacious pantry, laundry room, modern stainless appliances, and negotiable vintage kitchen pieces. Notable upgrades include a tin roof (2018), solar panels with Tesla battery backup (2020), central HVAC on each floor, Berber commercial carpet, bead board insulation, shotgun style hallways, and 11' ceilings. The third floor serves as an art studio with additional attic storage potential. Federal grants have funded major infrastructure improvements including a commercial sewage system (to be completed Sept 2025), a city water tower and modern water system (completed Dec 2024), freshly paved roads, and updated street signage. Outdoor features include a fenced yard with two electric gates, a 2 car garage, three porches, ample guest parking, an equipment shed with attached guest bath, and an exterior staircase with a wench for lifting items to upper floors. Make an appointment today to see all this beautiful property has to offer.