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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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54 W Main St , Vinalhaven, ME 04863
$548,000
Est. Payment: $1,217.78/mo
0 Bed
0 Bath
4500 Sqft
Status: Active | Days on site: 210
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House Description

Bring something new to Main Street! Here is an opportunity to transform a substantial mixed-use property into something truly meaningful for Vinalhaven--while creating multiple avenues for income. With approximately 4,500 square feet, the ground floor is currently divided into multiple rooms, many separated by non-load-bearing walls, offering the flexibility to easily reconfigure the space to suit a variety of uses. One compelling possibility is 'Vinalhaven Hall'--a flexible gathering place for the island. The space could host community events, lectures, small music performances, intimate movie nights, workshops, wellness activities, private gatherings, and more. It could also fill an important community need as a welcoming place for young people to gather after school, on weekends, and during school breaks. With the right vision, even small gatherings and recurring community events could make this 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 add flexibility for an owner-occupant, investor, or entrepreneur. With its Main Street presence, generous square footage, and adaptable layout, the property offers the bones, scale, and flexibility to become something distinctive for Vinalhaven while supporting a range of potential income streams. Whether envisioned as a community gathering space, creative hub, flexible commercial property, or a thoughtful 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 become a place where the island gathers, connects, and comes together.

Highlights

Listed by Kristine Davidson , 207-863-2200 Davidson Realty , 207-863-2200.

Property Type

Commercial Sale

Lot/Acreage
0.1

Year Built

1930

County

Knox

Listing ID

1651332

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Floor:Laminate,Vinyl,Linoleum
Basement:Crawl Space,Sump Pump,Unfinished
Water:Public

Exterior Features

Lot:Downtown
Zoning:Residential/Comm.
Roof:Fiberglass,Shingle
Others:
  • Additional:Dock, Nearby, Public
Sewer:Public Sewer
Parking Features:1 - 4 Spaces,On Street
Principal Interest
$1,218
Taxes
$326

Home Price

$548,000

Loan Details

30 yrs
%

Down Payment

20%
$109,600
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Monthly Price:
$1,217.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,217.78 $326.00 $0.00 $1,543.78
Yearly $14,613.33 $3,912.00 $0.00 $18,525.33
Total $438,400.00 $117,360.00 $0.00 $555,760.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Vinalhaven, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.