54 W Main ST Vinalhaven, ME 04863
4,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type General Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $121
MLS Listing ID 1651332
HOA Y/N No
Year Built 1930
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type General Commercial
Source Maine Listings
Land Area 4500
Property Description
Positioned on Vinalhaven's Main Street, this substantial mixed-use property offers an unusual combination of commercial flexibility, community potential, and residential income. With approximately 4,500 sq. feet, the ground floor is currently divided into multiple rooms, many with non-load-bearing walls that allow the space to be easily reconfigured.
One compelling possibility is to create 'Vinalhaven Hall' -- a flexible gathering place for the island. The building could accommodate private celebrations, community events, lectures, small music gatherings, intimate movie nights, workshops, wellness activities, pop-up dinners, and other uses. Rather than being tied to a single commercial use, the property offers the opportunity to create a space that serves the community while generating income through events, rentals, memberships, or other uses.
The property could also fill a community need for additional space for young people, including a flexible space for school-related programs and activities. Small gatherings and community events could make it a place the island uses and enjoys throughout the year.
Two residential units--a one-bedroom on the first floor and a two-bedroom on the second--provide an important income component and make the property attractive to an owner-occupant, investor, or entrepreneur.
With its Main Street presence, substantial square footage, and adaptability, the property offers the bones and flexibility to become something meaningful to Vinalhaven while creating multiple avenues for income. Whether envisioned as a community gathering space, creative hub, flexible commercial property, or a combination of uses, this is a property with the room to become something of its own. With the right vision, this could become more than a commercial property--it could be a place the island gathers and connects.
Location
State ME
County Knox
Zoning Residential/Comm.
Direction From the Ferry Terminal, turn right onto Main Street. Property is on the left, just past the Post Office and row of shops.
Rooms
Basement Crawl Space, Sump Pump, Unfinished
Interior
Heating K-1/Kerosene, Oil, Baseboard, Direct Vent Heater
Cooling None
Flooring Laminate, Vinyl, Linoleum
Exterior
Parking Features 1 - 4 Spaces, On Street
Waterfront Description Dock,Nearby,Public
Roof Type Fiberglass,Shingle
Building
Lot Description Downtown
Foundation Block, Granite, Pillar/Post/Pier
Water Public
Others
Tax ID VINA-000018-000000-000093
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
