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
Est.:
Single Family Residence
Built in 1930
4,356 Square Feet Lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
Highly flexible commercial space
- 50 days |
- 491 |
- 10 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: February 06, 2026 at 12:08pm
Listed by:
Davidson Realty
Source: Maine Listings,MLS#: 1651343
Tour with a local agent
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
- 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
Features
- Body of water: Carvers Pond
Lot
- Size: 4,356 Square Feet
Details
- Zoning: Residential/Comm.
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- 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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
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
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,639/mo
Principal & interest
$3016
Property taxes
$623
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Climate risks
Neighborhood: 04863
Nearby schools
GreatSchools rating
- 3/10Vinalhaven SchoolGrades: PK-12Distance: 0.5 mi
Local experts in 04863
- Maine
- Knox County
- Vinalhaven
- 04863
- 54 W Main Street
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