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Mixed-Use Building with Residential Units
For Sale
$598,000

54 W Main Street, Vinalhaven, ME 04863

Flexible ground-floor rooms accompany two residential rental units in a mixed-use configuration.

Property Size4,500 SF
Price / SF$132.89
Days on Market219

Property Features for 54 W Main Street

General Information

Standard status Active
Size 4,500 SF
Property subtype Commercial

Units

Unit Mix 1 x 1BR, 1 x 2BR
Multifamily Units 2

Additional Details

Road Access Yes

Building Details

Year Built 1930
Buildings 1
Listing Agency:
Listed By: Kris Davidson-Designated Broker and Owner of Davidson Realty
Source: Maineislandliving
Added: Jan 24 Changed: Aug 30 Last Checked: Aug 30 at 3:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kris Davidson-Designated Broker and Owner of Davidson Realty

Investment Insights

Based on property information with market context.

Located at 54 W Main Street in Vinalhaven, this 4,500-square-foot mixed-use property combines commercial space with residential accommodation. The building dates to 1930 and includes a ground-floor area divided into multiple rooms, with non-load-bearing walls that support future reconfiguration.

Residential components include a one-bedroom apartment on the first floor and a two-bedroom apartment on the second level. The combination of adaptable commercial space and two rental units creates a live-work format within a single building. Its Main Street address provides a prominent street presence for the commercial portion.

Key Highlights

  • 4,500‑square‑foot mixed‑use building at 54 W Main Street
  • Ground‑floor commercial area divided into multiple rooms
  • Non‑load‑bearing walls support interior reconfiguration

Property Analytics

Current Use

Just Teasing Hair Salon

Suggested Use

Top Pick Building Supply Storage Facility (Bike/Boat/Book/etc) Store Bakery Big Box & Wholesale Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby

Demographics for 04863, ME

1,279
Population
1,216
Households
1.1
Avg Household Size
48
Median Age
47%
College-Educated
98%
High-School Grad
23.3 sq mi
ZIP Area
55
Density / Sq Mi
$72,262
Median Household Income
$36,250
Median Earnings
$1,038
Median Rent
$435,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible ground-floor rooms accompany two residential rental units in a mixed-use configuration.
Where is this mixed-use property located?
The property is located at 54 W Main Street Vinalhaven, ME.
What is the asking price?
The asking price for this property is $598,000.
What are key features of this property?
This property features: 4,500‑square‑foot mixed‑use building at 54 W Main Street; Ground‑floor commercial area divided into multiple rooms; Non‑load‑bearing walls support interior reconfiguration
More about this property
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