Woocommerce Attributes/Variations is this possible?

Hi. I’m trying to build an online shop for myself. I’m having trouble with Woocommerce Attributes/Varations.

What I’m trying to do is have a product that sells both digital and physical products.

I sell SVG Cut Files. So I’m trying to set up the following example

Product as a digital download with two licenses: Personal Usage/Commercial usage.
Product as a physical product: Iron on Transfer in various sizes and color options. (example: 3 inches-12 inches in width with one color choice.)

Is this possible to make one product with different options like listed above? I can’t seem to figure out how to set this up. I want if you choose a digital download option, the variations for a physical product don’t appear. If you choose a physical product, the digital options don’t appear.

If there is a recommended plugin, I would be more than happy to purchase.