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.
Active
$598,000
54 W Main Street, Vinalhaven, ME 04863
3beds
4,500sqft
Single Family Residence
Built in 1930
4,356 Square Feet Lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
Highly flexible commercial space
- 139 days |
- 132 |
- 4 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Davidson Realty
Source: Maine Listings,MLS#: 1651343
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Bedroom 1
- Level: First
Bedroom 1
- Level: First
Bedroom 1
- Level: Second
Bedroom 2
- Level: Second
Dining room
- Level: First
Kitchen
- Level: First
Kitchen
- Level: First
Kitchen
- Level: Second
Library
- Level: First
Living room
- Level: First
Office
- Level: First
Office
- Level: First
Other
- Level: First
Other
- Level: First
Other
- Level: First
Other
- Level: First
Other
- Level: First
Heating
- Baseboard, Direct Vent Heater
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Linoleum
- Basement: Interior Entry,Crawl Space,Sump Pump,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,500
- Total interior livable area: 4,500 sqft
- Finished area above ground: 4,500
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces, On Street
- Has uncovered spaces: Yes
Features
- Body of water: Carvers Pond
Lot
- Size: 4,356 Square Feet
- Features: City Lot, Sidewalks
Details
- Zoning: Residential/Comm.
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood Frame, Shingle Siding, Vinyl Siding, Wood Siding
- Foundation: Block, Granite, Pillar/Post/Pier
- Roof: Fiberglass,Shingle
Condition
- Year built: 1930
Utilities & green energy
- Electric: Circuit Breakers, Fuses
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Vinalhaven
Financial & listing details
- Price per square foot: $133/sqft
- Annual tax amount: $3,851
- Date on market: 2/6/2026
- Listing terms: 1031 Exchange
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Listed for sale | $598,000+81.8%$133/sqft |
Source:  Maine Listings #1651343 Report a problem | ||
| 6/18/2019 | Listing removed | $329,000$73/sqft |
Source: Davidson Realty #1356282 Report a problem | ||
| 6/15/2018 | Listed for sale | $329,000$73/sqft |
Source: Davidson Realty #1356282 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 04863
Nearby schools
GreatSchools rating
- 3/10Vinalhaven SchoolGrades: PK-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Knox County
- Vinalhaven
- 04863
- 54 W Main Street
Nearby cities
Nearby zip codes
Other Vinalhaven Topics
