54 W Main Street, Vinalhaven, ME 04863 (MLS # 1651343)
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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.
| LAST UPDATED | 2/6/2026 | YEAR BUILT | 1930 |
|---|---|---|---|
| COUNTY | Knox | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| BASEMENT | Crawl Space, Sump Pump, Unfinished, Yes |
| CONSTRUCTION | Shingle Siding, Vinyl Siding, Wood Siding |
| HEAT | Baseboard |
| LOT | 4356 sq ft |
| LOT DIMENSIONS | 0.1 |
| MLS STATUS | Active |
| PARKING | Gravel, On Street |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 3851 |
| WATER | Public |
| WATER ACCESS | Carvers Pond |
TOTAL MONTHLY PAYMENT
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