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0 Baths
10,000 sqft

$1,600,000

87 U.S. Highway 1, Verona Island ME, 04416

Built in1994
Property size10,000 sqft
Property typeCommercial
Courtesy of Better Homes & Gardens Real Estate/The Masiello Group

Overview

Active

Listed Apr 10, 2026

Updated Aug 21

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

Additional information

MLS® ID
1657309

Interior Features

Bathrooms
0
Heating
Yes
Basement
No

Exterior Features

Lot Size
13.37 Acres

Other Property Details

Taxes
$5,153
Tax Frequency
Annually
Waterfront
Yes
MLS provider logo

Listing Contact: 207-852-4021

Listed by Elaine Pelletier with Better Homes & Gardens Real Estate/The Masiello Group 207-852-4021

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Aimi Baldwin Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data is refreshed every 3 hours. Listing last updated at 5:16 PM UTC, 8/21/2026

 

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