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

$1,600,000

Property Type: Commercial Square Footage: 10,000 Lot Size (sq. ft.): 582,397 Status: Active

Current Price: $1,600,000 List Date: 4/10/2026 Last Modified: 7/16/2026

Overview

Description

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: - ... (Read more)

Listing Details MLS# 1657309

Location Information

Street #: 87
Street Name: U.S. Highway 1
County: Hancock
Town: Verona Island
State/Province: ME
Zip Code: 04416
Leased Land: No
Book: 1600
Page: 287
Map: Yes
Lot: 42
Zoning: Commercial/Shoreland
Zoning Overlay: Yes
Full Tax Amount $: 5153
Tax Year: 2025
Tree Growth Y/N: No
Association Y/N: No

Contract Information

Original List Price: 1895000

Property Information

Primary Use: Mixed Use
Surveyed: Yes
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: All
Year Built: 1994
Tenancy: Single Tenant
Leases: Yes
Total # Floors: 2
SqFt Finished Total: 10000
Lot Size Acres +/-: 13.37

Commercial Bldg Information

Maximum Floor Capacity: 10000
Total Units: 4
Traffic Count +/-: 800010000

Water Info

Waterfront: Yes
Waterfront Amount: 500
Water Frontage Owned: 500
Water View: Yes
Water Body Name: Penobscot River
Island: Yes

Utilities

Utilities On: Yes

More Information

Property Features

Location: Business District; Near Shopping; Water View; Waterfront Source of Water Frontage: Public Records; Seller Water Body Type: River Recreational Water: Deeded; Waterfront Tidal Construction: Wood Frame Other Structures: Outbuilding; Shed(s) Levels: Multi-Level Property Uses: Commercial; Convenience Store; Freestanding Building; Gas Station Basement: Slab Foundation Materials: Poured Concrete; Slab Exterior: Vinyl Siding Roof: Metal Heat System: Baseboard; Hot Water; Radiant Heat Fuel: Gas Bottled; Propane Floors: Carpet; Laminate; Tile; Vinyl Building Features: Storage Parking: 21+ Spaces; On Site; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Private Sewer; Septic Design Available Water: Private; Well

Documents

Property Disclosure Public Access ›

Listing Office: Better Homes & Gardens Real Estate/The Masiello Group

Last Updated: July - 16 - 2026

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. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.