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

Other
NZD $2,809,235
USD $1,600,000
Published on: 25 Aug 2026
Last updated on: 18 Oct 2026
87 U.S. Highway 1, Verona Island, ME 04416
87 U.S. Highway 1, Verona Island, ME 04416
87 U.S. Highway 1, Verona Island, ME 04416
+78
87 U.S. Highway 1, Verona Island, ME 04416
  • 78
Property ID: 110109913462
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Verona Island, ME

87 U.S. Highway 1, Verona Island, ME 04416
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 StreamsExceptional 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 opportunityCommercial Kitchen lends to many possible avenues to make additional revenue in the food industryAdditional Buildings:- Two separate structures previously used as a takeout restaurant and ice cream shop (ready for renovation and added income potential)- Detached storage shedResidential Income Potential:- Second floor features two completed one-bedroom apartments- Two additional units partially finished--ready to complete for added revenueLand & Location Highlights:- 13.37 acres of cleared land- Paved driveway with easy access- Prime frontage on U.S. Route 1- Approximately 500AA,A,A+/- feet of waterfront on the Penobscot River

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Building Size
929.03 m2
Year Built
1994
County
Hancock
Provider
Better Homes and Gardens-The Masiello Group
Brokerage Office Name
Better Homes and Gardens Real Estate The Masiello Group
Brokerage Office Phone
(800) 741-1540
Address
87 U.S. Highway 1, Verona Island, ME 04416
Contact Agent
Elaine Pelletier
Bangor, Maine
1162 Union Street , Bangor, ME 04401
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Elaine Pelletier
1162 Union Street , Bangor, ME 04401
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      Property ID: 110109913462

      Original Property ID: 3yd-MASIELLOGROUP-185882961
      Data provided by Better Homes and Gardens-The Masiello Group, MLS #: 1657309
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      Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.