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$598,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 54 W Main St
General
- Price: $598,000
- Taxes: $3,912 (2025)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1651332
- Updated: 2/6/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Commercial, Grocery, Medical, Neigh
Interior
- Flooring: Vinyl, Laminate
Parking
- Parking Features: 1 - 4 Spaces, On Street
Location
- County: Knox
Heating & Cooling
- Cooling Type: None
- Heating Type: Direct Vent Heater, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Siding, Vinyl Siding, Shingle Siding, Other Exterior, Wood Frame
- Roof: Fiberglass, Shingle
- Building Size: 4500
- Square Feet: 4,500
- Living Area: 4,500 Sq. Ft.
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Zoning: Residential/Comm.
- Lot Description: Downtown
Financial Considerations
- Tax Amount: $3,912
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 93, 94
Listed by Davidson Realty (207) 863-2200
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Schools
Schools serving 54 W Main St
School District:School Administrative District 08
| Name | Grades | Distance |
|---|---|---|
Vinalhaven School 22 Arcola Lane, Vinalhaven, ME 04863 | PK-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 54 W Main St
Date
Details
Price
Change
Source
2/06/2026
Listed
$598,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 54 W Main St
54 W Main Street, Vinalhaven, ME 04863 (MLS# 1651332) is a Commercial property. 54 W Main Street is currently listed for $598,000 and was received on February 06, 2026. Want to learn more about 54 W Main Street? Do you have questions about finding other Commercial real estate for sale in Vinalhaven? You can browse all Vinalhaven real estate or contact a Coldwell Banker agent to request more information.

