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

Overview

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 ...

Listing Details 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

Contract Information

Original List Price
598000

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
# Fireplaces
0
SqFt Finished Below Grade
0

Water Info

Water Frontage
No
Water View
Yes
Water Body Name
Carvers Pond

Utilities

Utilities On
Yes

More Information

Site

Sidewalks
Yes

Location

Intown
Yes

Roads

Paved
Yes

Water Body Type

Ocean
Yes

Recreational Water

Dock
Yes
Nearby
Yes
Public
Yes

Construction

Wood Frame
Yes

Basement

Crawl Space
Yes
Sump Pump
Yes
Unfinished
Yes

Foundation Materials

Block
Yes
Granite
Yes
Pillar/Post/Pier
Yes

Exterior

Shingle Siding
Yes
Vinyl Siding
Yes
Wood Siding
Yes

Roof

Fiberglass
Yes
Shingle
Yes

Heat System

Baseboard
Yes
Direct Vent Heater
Yes

Heat Fuel

K-1/Kerosene
Yes
Oil
Yes

Cooling

None
Yes

Floors

Laminate
Yes
Linoleum
Yes
Vinyl
Yes

Parking

1 - 4 Spaces
Yes
On Street
Yes

Style

Other
Yes

Electric

Circuit Breakers
Yes
Fuses
Yes

Bedroom 1

Bedroom 1
Yes
Bedroom 1 Level
First

Gas

Bottled
Yes

Sewer

Public Sewer
Yes

Bedroom 2

Bedroom 2
Yes
Bedroom 2 Level
Second

Water

Public
Yes

Driveway

Gravel
Yes

Basement Entry

Interior
Yes

Water Heater

Off Heating System
Yes

Vehicle Storage

No Vehicle Storage
Yes

Dining Room

Dining Room
Yes
Dining Room Level
First

Kitchen

Kitchen
Yes
Kitchen Level
First

Library

Library
Yes
Library Level
First

Living Room

Living Room
Yes
Living Room Level
First

Office

Office
Yes
Office Level
First

Other Room 1

Other Room 1
Yes
Other Room 1 Level
First

Other Room 2

Other Room 2
Yes
Other Room 2 Level
First

Other Room 3

Other Room 3
Yes
Other Room 3 Level
First

Other Room 4

Other Room 4
Yes
Other Room 4 Level
First

Other Room 5

Other Room 5
Yes
Other Room 5 Level
First

Listing Terms

1031 Exchange
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

Room Name Level
Other Room First
Office First
Library First
Dining Room First
Office First
Kitchen First
Bedroom 1 First
Kitchen First
Bedroom 1 First
Living Room First
Other Room 2 First
Bedroom 1 Second
Bedroom 2 Second
Kitchen Second
Other Room 3 First
Other Room 4 First
Other Room 5 First
IDX
Listing Office: Davidson Realty
Last Updated: February - 06 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.