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54 W Main Street, 
Vinalhaven, ME 04863

$598,000


3

Beds


5

Baths


4,500

Sq Ft


Single Family

Active

Listed by

Kristine Davidson

Davidson Realty

Last updated:

April 15, 2026, 04:00 PM

MLS#

1651343

Source:

ME MREIS

About This Home

54 W Main Street

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.

Home Facts

Single Family

5 Baths

3 Bedrooms

Built in 1930

Price Summary

598,000

$132 per Sq. Ft.

MLS #:

1651343

Last Updated:

April 15, 2026, 04:00 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

3

Interior

Living Area:

4,500 Sq. Ft.


Structure

Structure

Building Area:

4,500 Sq. Ft.

Year Built:

1930


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$598,000

Price per Sq. Ft:

$132 per Sq. Ft.

MLS Logo
MREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.