UNIQUE INVESTMENT OPPORTUNITY IN A PRIME APPLE CANYON LAKE LOCATION! Situated just outside the Apple Canyon Lake HOA at the highly visible corner of Apple Canyon Road and Canyon Club Drive, this versatile property offers endless possibilities for an investor, business owner, or short-term rental operator. The main level is currently configured as a real estate office and features two spacious main rooms, two additional rooms, a kitchen, and two bathrooms. The bathroom showers have been converted into closets but could potentially be restored to their original use. The lower level includes two private, motel-style guest accommodations, each with its own exterior entrance and smart lock. Room One is furnished with two king-size beds, while Room Two offers one king-size bed and one queen-size bed. Both rooms include a private full bathroom with a walk-in shower. The rooms are separate and do not have an interior connecting door. A laundry and furnace room is also located on the lower level. The property is licensed through Jo Daviess County for guest accommodations and is grandfathered for its current use. A buyer could continue operating the commercial space and existing short-term rental units, explore converting the entire building into a short-term rental property, or bring a completely new vision to the space. Depending on the buyer's intended use, county approval may be required. The property is located within the agricultural zoning district. Outside, you will find a huge yard with plenty of usable space, along with a small storage shed that is ideal for maintenance equipment and supplies. With excellent visibility, an established guest accommodation license, flexible interior space, and a location just outside the Apple Canyon Lake HOA, this is truly a one-of-a-kind opportunity. Property tours are available now! Broker owned.