Cute blue cottage.I think you picked a beautiful blue, but if you are feeling uneasy about it, analyze the other details of the facade to make sure the color isn't falling flat. 

The property has an ornate facade overlooking the park.

Maintenance can be an association/property management fee that you charge that will help pay for common area expenses like a roof, sidewalk, facade, parking lot, etc.Mixed use is the future of all downtowns and the big cities are scrambling to figure this out.  

The property is owned free and clear but it needs about $250K ($90K of which is for the facade alone) according to the contractor who has been doing work on it.

Is it in the form of TIFFs/ Facades incentives?

Mandel & Ogden will lease up their units then move to the next big headline, but the mom & pop retail shop that poured $100k into a new facade, logo, image or equipment are screaming loud and clear they are there for the foreseeable future. 

House has an interesting facade with many gables, etc.

It’s under leased but I think the right facade and tenants could really bring up the value.

They added an uneven facade (which you couldn't do due to roof line) , different colors, 2'x6" for privacy for each entrance and bamboo in front, as well as other landscaping. 

Here's a mockup of what seems to me might have been an olden days use of the building (with the downstairs facade redone).Offices to the left and apartments to the right via a Victorian glass door with a transom.