About This Home

This 0-bedroom, 0-bathroom commercial at 87 U.S. Highway 1 in Verona Island, ME is listed for $1,600,000 ($160 per sqft). Built in 1994, the home offers 10,000 sqft of living space on a N/A lot.

Key Features

  • Built in 1994

Property Details

1994
Listing 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 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 co

nvenience 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

Monthly Cost Estimate

$8,557/mo

20% down · 6.5% · 30 years

Principal$1,157
Interest$6,933
Insurance$467

Estimates only. Actual payments may vary.

Location

87 U.S. Highway 1

Verona Island, ME 04416

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 87 U.S. Highway 1 is listed at $1,600,000 ($160/sqft). The estimated monthly payment is $8,557 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1994.

This property is listed by Elaine Pelletier.

EP

Elaine Pelletier

Agent at Better Homes and Gardens Real Estate The Masiello Group

Listed by Better Homes and Gardens Real Estate The Masiello Group · Broker phone: (800) 741-1540 · Broker website

MLS# 1657309· Source: Better Homes and Gardens-The Masiello Group· 206 days on PropertySimple

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.

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

Open this listing in: