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

$1,895,000
Property Type: Commercial Square Footage: 10,000 Lot Size (sq. ft.): 582,397 Status: Active
Current Price: $1,895,000 List Date: 4/10/2026 Last Modified: 4/14/2026

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: - ...

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

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

Utilities

Utilities On
Yes

More Information

Levels

Multi-Level
Yes

Location

Business District
Yes
Near Shopping
Yes
Water View
Yes
Waterfront
Yes

Source of Water Frontage

Public Records
Yes
Seller
Yes

Property Uses

Commercial
Yes
Convenience Store
Yes
Freestanding Building
Yes
Gas Station
Yes

Water Body Type

River
Yes

Recreational Water

Deeded
Yes
Waterfront Tidal
Yes

Construction

Wood Frame
Yes

Other Structures

Outbuilding
Yes
Shed(s)
Yes

Basement

Slab
Yes

Foundation Materials

Poured Concrete
Yes
Slab
Yes

Exterior

Vinyl Siding
Yes

Roof

Metal
Yes

Heat System

Baseboard
Yes
Hot Water
Yes
Radiant
Yes

Heat Fuel

Gas Bottled
Yes
Propane
Yes

Floors

Carpet
Yes
Laminate
Yes
Tile
Yes
Vinyl
Yes

Accessibilitiy Amenities

Level Entry
Yes

Building Features

Storage
Yes

Parking

21+ Spaces
Yes
On Site
Yes
Paved
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Private Sewer
Yes
Septic Design Available
Yes

Water

Private
Yes
Well
Yes

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
IDX
Listing Office: Better Homes & Gardens Real Estate/The Masiello Group
Last Updated: April - 14 - 2026
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