87 U.S. Highway 1, Verona Island, ME 04416 (MLS # 1657309)

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PRICE $1,895,000 dsIDX morgage calculator
SIZE 10,000 sqft
LOT SIZE 13.37 ac

Why This Property? This is a rare mixed-use investment combining retail, food service, fuel sales, residential income, and future development potential--all in one high-traffic, waterfront location. Ideal for owner-operators, investors, or entrepreneurs looking to expand. Turnkey Commercial Investment on U.S. Route 1 with Waterfront & Multiple Income Streams Exceptional opportunity to own a highly visible, income-producing commercial property with expansive frontage along busy U.S. Route 1. With daily traffic counts between 8,000-10,000 vehicles, this property offers outstanding exposure and endless potential for growth. Property Features: - Established convenience store with steady customer base - Fully equipped pizza business with commercial kitchen - Two full-service gas pumps - Additional space for a third business or expansion opportunity Commercial Kitchen lends to many possible avenues to make additional revenue in the food industry Additional Buildings: - Two separate structures previously used as a takeout restaurant and ice cream shop (ready for renovation and added income potential) - Detached storage shed Residential Income Potential: - Second floor features two completed one-bedroom apartments - Two additional units partially finished--ready to complete for added revenue Land & Location Highlights: - 13.37 acres of cleared land - Paved driveway with easy access - Prime frontage on U.S. Route 1 - Approximately 500± feet of waterfront on the Penobscot River

LAST UPDATED 4/10/2026 YEAR BUILT 1994
COUNTY Hancock STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
HEAT Baseboard, Hot Water, Radiant
LOT 13.37 acre(s)
LOT DESCRIPTION Waterfront
LOT DIMENSIONS 13.37
MLS STATUS Active
SEWER Private Sewer
STORIES 2
TAXES 5153
WATER Private, Well
WATERFRONT Yes
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Better Homes & Gardens Real Estate/The Masiello Group

Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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IDX data provided by Market Leader, courtesy of Maine Listings.

This IDX solution is (c) Diverse Solutions 2026.


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