54 W Main Street, Vinalhaven, ME, 04863 | $598,000

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.

Features

  • Rooms: 17
  • Bedrooms: 3
  • Baths: 3 full / 2 half
  • Style: Other
  • Year Built: 1930
  • Heating: Direct Vent Heater, Baseboard
  • Cooling: None
  • Basement: Interior, Crawl Space, Sump Pump, Unfinished
  • Approx Sq. Feet: 4,500
  • Acreage: 0.1
  • Est. Taxes: $3,851
  • Lot Desc: Sidewalks, Intown
  • MLS#: 1651343
  • Website: https://www.raveis.com
    /eprop/1651343/54wmainstreet_vinalhaven_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Davidson Realty

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