Unlock the potential of this rare Main Street property offering both high-visibility commercial frontage and residential living overlooking the water! Perfect for the entrepreneur, investor, or anyone seeking to live and work in the heart of a vibrant island community. Built in the early 1900's and zoned residential/commercial, the street-level location provides excellent exposure with steady foot traffic--ideal for a variety of businesses such as a small boutique, cafe, deli, or professional office--with the convenience of village living. The building has 2 commercial rooms with separate entrances, providing flexibility for 1-2 small businesses, and a residential area with a private entrance. The building is sited over the Mill Stream and enjoys ocean views from almost every window. Recent improvements include new thermopane windows, some insulation, a partially plumbed bathrooms on the first floor with potential for 1/2 bath on second floor, and a partially-plumbed kitchen. This is a clean palette awaiting your finishing touches! Whether you're dreaming of running your own business steps from home, seeking rental income, or wanting a long term investment, this versatile property delivers. This is a rare chance to plant your roots on Main Street and build exactly the lifestyle you imagine! (Proceeds from the sale of this property will be reinvested in the Vinalhaven community in ways that align with the Star of Hope Foundation's mission) See MLS# 1649128 for commercial listing details)