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

> **TL;DR:** commercial, $1,600,000 ($160/sqft), built 1994, 10,000 sqft.
> Waterfront. Est. $8,557/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,600,000 |
| Price/sqft | $160 |
| Square Feet | 10,000 |
| Year Built | 1994 |
| Lot Size | 582,397 sqft (13.37 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 0 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $8,090 |
| Estimated Insurance | $467 |
| **Total** | **$8,557** |

## 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 and Gardens Real Estate The Masiello Group
- **Broker Phone:** (603) 283-1914
- **Listing URL:** [View original listing](https://www.mainelistings.com/listing/details/1657309)

## Photos

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

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---

**MLS#:** 1657309 | **Updated:** 2026-10-27
**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.ai/listing/87-u-s-highway-1-verona-island-me-04416-4cd2e24507da48a6ac89e1f6e4499ae6)

---

## Structured Data

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  "url": "https://www.propertysimple.ai/listing/87-u-s-highway-1-verona-island-me-04416-4cd2e24507da48a6ac89e1f6e4499ae6",
  "name": "87 U.S. Highway 1, Verona Island, ME 04416",
  "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",
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