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

> **TL;DR:** commercial, $1,895,000 ($190/sqft), built 1994, 10,000 sqft.
> Waterfront. Est. $8,212/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,895,000 |
| Price/sqft | $190 |
| Square Feet | 10,000 |
| Year Built | 1994 |
| Lot Size | 582,397 sqft (13.37 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $8,212 |
| **Total** | **$8,212** |

## Key Amenities

- Waterfront

## Property Highlights

- Built in 1994
- 13.37 acre lot
- Waterfront

## Description

### Agent 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: - 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 Listing

## Location

- **Address:** 87 U.S. Highway 1, Verona Island, ME 04416
- **County:** Hancock

## Listing Agent

- **Name:** Elaine Pelletier
- **Brokerage:** Better Homes & Gardens Real Estate/The Masiello Group
- **Phone:** 2078524021
- **Email:** epelletier81@gmail.com

## Primary Photo

![87 U.S. Highway 1 - Primary Photo](http://lh.rdcpix.com/f34abca03e3c23a235b62da9fdcb32c6l-f3604984255r.jpg)

*78 total photos available on [listing page](https://www.propertysimple.com/listing/87-u-s-highway-1-verona-island-me-04416-1657309)*

---

**MLS#:** 1657309 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/87-u-s-highway-1-verona-island-me-04416-1657309)

---

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