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Listed by Kristine Davidson Davidson Realty

$598,000

Est. payment - /mo

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3 Beds

5 Baths

4,500 SqFt

Active

54 W Main ST Vinalhaven, ME 04863

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Elevate Maine Realty

info@elevatemaine.com +1(207) 331-4565

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $132

MLS Listing ID 1651343

Bedrooms 3

Full Baths 3

Half Baths 2

HOA Y/N No

Year Built 1930

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Single Family Residence

Source Maine Listings

Land Area 4500

Property 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 setting.

Location

State ME

County Knox

Zoning Residential/Comm.

Direction From the ferry take a right onto Main Street. Go through the village past the Post Office and a row of stores. Building will be on your left.

Body of Water Carvers Pond

Rooms

Basement Interior Entry

Interior

Heating Baseboard, Direct Vent Heater

Cooling None

Flooring Laminate, Vinyl, Linoleum

Furnishings Partially

Fireplace No

Exterior

Utilities Available Utilities On

Roof Type Fiberglass,Shingle

Garage No

Building

Water Public

Architectural Style Other

Schools

School District Rsu 08/Msad 08

Others

Tax ID VINA-000018-000000-000093

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Nearby Locations

Please Contact Me For More Information.

+1(207) 331-4565

info@elevatemaine.com

211 US-1, Falmouth, ME 04105-1301, USA