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.

More Info

Tax Information

Parcel Number VINA-000018-000000-000093
Taxes$3,851

Location

Address54 W Main Street
Building Number54
CountyKnox
StateME
StreetW Main Street
TownVinalhaven
Zip04863

Interior

Furnished Partially

Exterior

Exterior Shingle Siding, Vinyl Siding, Wood Siding
RoofFiberglass, Shingle

Property Information

Acreage0.1
Square Feet4,500

Water Body

Water AccessPublic
Water Body NameCarvers Pond
Water Body TypeOcean
Water ViewYes

School Information

High School DistrictRSU 08/MSAD 08

Basic Information

List Price$598,000
LocationTypeIntown
MLS Number1651343
Property SubTypeSingle Family Residence
Property TypeResidential
StatusACT

Property

Sign On Property YN Yes
Site Sidewalks

Utilities

Electric Circuit Breakers, Fuses
Heat SystemBaseboard, Direct Vent Heater
Heating FuelK-1/Kerosene, Oil
Heating YN Yes
Recreational Water Dock, Nearby, Public
Utilities Utilities On
Waste Water DisposalPublic Sewer

Parking

Parking 1 - 4 Spaces, On Street

Rooms

Bathroom5
Bathrooms Total Decimal 4
Bedrooms3
Full Bath3
Half Baths2

Building

BasementInterior Entry
Basement Entry Interior
Building ConstructionWood Frame
Flooring Laminate, Vinyl, Linoleum
FoundationBlock, Granite, Pillar/Post/Pier
Property StyleOther
Rooms17
Year Built1930

Amenities

Other AmenitiesBasement, Water View

Legal

ZoningResidential/Comm.

Other

Date Listed02/06/2026
Listing Terms 1031 Exchange

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46 Casco Rd, Brunswick - Portside Luxury Home participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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54 W Main StreetVinalhaven, ME 04863Price: $598,000

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