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

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

Property Information

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

Location

Downtown: 1

Water Info

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

Property Uses

Bar/Tavern/Lounge: 1 Child Care: 1 Commercial: 1 Convenience Store: 1 Grocery: 1 Medical: 1 Neighborhood Center: 1 Restaurant: 1 Retail: 1

Recreational Water

Dock: 1 Nearby: 1 Public: 1

Construction

Wood Frame: 1

Basement

Crawl Space: 1 Sump Pump: 1 Unfinished: 1

Foundation Materials

Block: 1 Granite: 1 Pillar/Post/Pier: 1

Exterior

Other Exterior: 1 Shingle Siding: 1 Vinyl Siding: 1 Wood Siding: 1

Roof

Fiberglass: 1 Shingle: 1

Heat System

Baseboard: 1 Direct Vent Heater: 1

Heat Fuel

K-1/Kerosene: 1 Oil: 1

Cooling

None: 1

Floors

Laminate: 1 Linoleum: 1 Vinyl: 1

Parking

1 - 4 Spaces: 1 On Street: 1

Electric

Circuit Breakers: 1 Fuses: 1

Utilities

Utilities On: Yes

Gas

Bottled: 1

Sewer

Public Sewer: 1

Water

Public: 1

Listing Terms

1031 Exchange: 1

Contract Information

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

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
IDX
Last Updated: February - 06 - 2026
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