54 W Main Street, Vinalhaven, ME 04863

$598,000
Property Type: Residential Bedrooms: 3 Baths: 5 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

This mixed-use Main Street property offers the advantage of two residential rental units paired with a highly flexible commercial space below. The residential units provide immediate income and long-term value, making this an appealing opportunity for investors, owner-occupants, or those seeking a live-work arrangement in the heart of town. The ground-floor commercial space is currently divided into multiple rooms to accommodate a variety of business uses. Many of these walls can be opened to create a larger, more expansive footprint, allowing the space to evolve with changing needs. The layout lends itself well to a wide range of possibilities-including an event venue, community center, health and wellness studio, creative workspace, or other business concepts that benefit from a central Main Street location. With strong visibility, flexibility, and the stability of rental income, this property offers both immediate return and long-term potential for reinvention in a vibrant, walkable setting.

Supplements: ********

More Information MLS# 1651343

Property Sub-Type

Property Sub-Type: Single Family Residence

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 Association: No School District: RSU 08/MSAD 08 Full Tax Amount $: 3851 Tax Year: 2025 Tree Growth 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

Surveyed: Unknown Seasonal: No Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: No # Rooms: 17 # Bedrooms: 3 Total Full Baths: 3 Total Half Baths: 2 Total Baths: 5 Furniture: Partially Color: Grey/Red Year Built: 1930 SqFt Finished Above Grade: 4500 SqFt Finished Total: 4500 SqFt Source: Seller Garage: No Lot Size Acres +/-: 0.1 Source of Acreage: Public Records Road Frontage: Yes Road Frontage +/-: 55 Source of Road Frontage: Deed

Water Info

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

Utilities

Utilities On: Yes

Property Features

Site: Sidewalks Location: Intown Roads: Paved Water Body Type: Ocean Recreational Water: Dock; Nearby; Public Style: Other Construction: Wood Frame Basement: Crawl Space; Sump Pump; Unfinished Basement Entry: Interior Foundation Materials: Block; Granite; Pillar/Post/Pier Roof: Fiberglass; Shingle Exterior: Shingle Siding; Vinyl Siding; Wood Siding Heat System: Baseboard; Direct Vent Heater Heat Fuel: K-1/Kerosene; Oil Water Heater: Off Heating System Cooling: None Floors: Laminate; Linoleum; Vinyl Driveway: Gravel Parking: 1 - 4 Spaces; On Street Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers; Fuses Gas: Bottled Sewer: Public Sewer Water: Public Listing Terms: 1031 Exchange

Room Information

Other Room Level: First Office Level: First Library Level: First Dining Room Level: First Office Level: First Kitchen Level: First Bedroom 1 Level: First Kitchen Level: First Bedroom 1 Level: First Living Room Level: First Other Room 2 Level: First Bedroom 1 Level: Second Bedroom 2 Level: Second Kitchen Level: Second Other Room 3 Level: First Other Room 4 Level: First Other Room 5 Level: First
Listing Office: Davidson Realty
Last Updated: February - 06 - 2026
54 W Main Street, Vinalhaven, ME 04863- MLS# 1651343
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