54 W Main Street, Vinalhaven, ME 04863

$598,000
Property Type: Commercial Square Footage: 4,500 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $598,000 List Date: 2/06/2026 Last Modified: 2/06/2026

Description

Positioned prominently on Main Street, this versatile mixed-use building offers a unique blend of commercial flexibility and residential income. The ground floor is currently configured with multiple rooms suitable for a variety of business uses, yet many non-load bearing walls allow for easy reconfiguration. Open up the space to create a large-scale commercial space ideal for an event venue, community center, health and wellness studio, creative workspace, or collaborative business hub. Two residential rental units-a one bedroom on the first floor and a two-bedroom on the second level- make this an attractive opportunity for owner-occupants, investors, or entrepreneurs seeking a live-work set up. With excellent Main Street visibility, a strong foot traffic potential, and a layout that invites reinvention, this property is well suited for businesses that value presence, flexibility, and a connection to the community. Whether you envision a vibrant gathering space, a multi-tenant commercial concept, or single operation supported by residential rentals, this building offers the bones, location, and adaptability to bring that vision to life.

Supplements: ********

More Information MLS# 1651332

Location Information

Street #: 54 Pre Direction: W Street Name: Main Street Type: Street County: Knox Town: Vinalhaven State/Province: ME Zip Code: 04863 Zip +4: 3923 Leased Land: No Book: 5448 Page: 275 Map: 18 Lot: 93, 94 Zoning: Residential/Comm. Zoning Overlay: Yes Full Tax Amount $: 3912 Tax Year: 2025 Tree Growth Y/N: No Association Y/N: No Geo Lat: 44.047512 Geo Lon: -68.832545

Contract Information

Status: Active Original List Price: 598000 List Price: $598,000 Current Price: $598,000

Property Information

Primary Use: General Commercial Surveyed: Unknown Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Bank Owned REO: No Year Built: 1930 Tenancy: Multiple Tenants Leases: No SqFt Finished Total: 4500 Lot Size Acres +/-: 0.1 Road Frontage +/-: 55

Water Info

Water Frontage: No Water View: Yes Water Body Name: Carvers Pond

Utilities

Utilities On: Yes

Property Features

Location: Downtown Recreational Water: Dock; Nearby; Public Construction: Wood Frame Property Uses: Bar/Tavern/Lounge; Child Care; Commercial; Convenience Store; Grocery; Medical; Neighborhood Center; Restaurant; Retail Basement: Crawl Space; Sump Pump; Unfinished Foundation Materials: Block; Granite; Pillar/Post/Pier Exterior: Other Exterior; Shingle Siding; Vinyl Siding; Wood Siding Roof: Fiberglass; Shingle Heat System: Baseboard; Direct Vent Heater Heat Fuel: K-1/Kerosene; Oil Cooling: None Floors: Laminate; Linoleum; Vinyl Parking: 1 - 4 Spaces; On Street Electric: Circuit Breakers; Fuses Gas: Bottled Sewer: Public Sewer Water: Public Listing Terms: 1031 Exchange
Listing Office: Davidson Realty
Last Updated: February - 06 - 2026
54 W Main Street, Vinalhaven, ME 04863- MLS# 1651332
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