you wil get all the features you can see in theme page mentioned and in live preview.
About license yes you can use the theme for commercial purpose as like for your ecommerce store website.
but you have to decide which license you will need.
If the end users need to pay to see the end product, you need an Extended License. There can be more than one end user as long as there is only one end product.
Example: A website that requires money before you can access the content
Where Regular License, your end product (incorporating the item you’ve licensed) is distributed for free.