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.
Listed By
Agency Name: Davidson Realty
Agency Phone: 207-863-2200
Shown By
Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123
Estimated Payment
$ 1,826.22 per month $1,330.89 Principal & Interest $320.92 Property Tax $174.42 Homeowner's Insurance
54 W Main Street | MLS# 1651343
This single family home located at 54 W Main Street, Vinalhaven, ME 04863 is currently listed for sale with an asking price of $598,000. This property was built in 1930 and has 3 bedrooms and 3 full and 2 partial baths with 4500 sq. ft. W Main Street is located within the RSU 08-MSAD 08 school district. Search Vinalhaven real estate on www.spragueandcurtis.com today.