Unlock the possibilities of this Main Street property, where high-visibility commercial space, residential living, and a remarkable waterfront setting come together in the heart of Vinalhaven village. Built in the early 1900s and zoned for both residential and commercial use, the property offers plenty of flexibility for an entrepreneur, investor, or anyone drawn to the idea of living and working in a vibrant island community. The street-level location enjoys excellent visibility and steady foot traffic, making it well suited for a boutique, cafe, deli, gallery, studio, professional office, or other small business. Two commercial rooms, each with a separate entrance, allow for one or two individual businesses, while the residential portion has its own private entrance. Adding to the property's unique character, the building is sited directly over the Mill Stream, with water and ocean views from nearly every window. Recent improvements include new thermopane windows, some added insulation, a partially plumbed first-floor bathroom with potential for a half bath on the second floor, and a partially plumbed kitchen. Some groundwork has already been done, leaving a clean slate ready for its next owner to complete and make their own. Whether your vision is to operate a business just steps from home, create income- producing commercial and residential spaces, or invest in a versatile Main Street property, there are many possibilities here. This is a rare opportunity in the heart of Vinalhaven.