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

> **TL;DR:** commercial, $1,600,000 ($160/sqft), built 1994, 10,000 sqft. Est. $8,557/mo. Listed 207 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,600,000 |
| Price/sqft | $160 |
| Square Feet | 10,000 |
| Year Built | 1994 |
| Property Type | Commercial (Retail) |
| Status | Active |
| Days on Market | 207 |

## Estimated Monthly Costs

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

## Property Highlights

- Built in 1994

## 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 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

## Location

- **Address:** 87 U.S. Highway 1, Verona Island, ME 04416
- **County:** Hancock
- **Coordinates:** 44.563732, -68.791912
- **Google Maps:** https://www.google.com/maps?q=44.563732,-68.791912

## Virtual Tour & Media

- **Video Tour:** https://www.propertiesinmotion.com/property-tours/185882961

## Listing Agent

- **Name:** Elaine Pelletier
- **Brokerage:** Better Homes and Gardens Real Estate The Masiello Group
- **Broker Phone:** (800) 741-1540

## Photos

![87 U.S. Highway 1 - Photo 1](http://lh.rdcpix.com/6d41aa7c4ba03b7a5797e0f790594360l-f2874981630r.jpg)

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---

**MLS#:** 1657309 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/87-u-s-highway-1-verona-island-me-04416-db4aab21d0744d3d8214f047c6f5869a)

---

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