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