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

$1,600,000
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Featured Listing Active
SQUARE FEET10,000 MLS#1657309
STATUSActive PROPERTY TYPECommercial - Retail

Property 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 500± feet of waterfront on the Penobscot River

87 U.s. Highway 1 | MLS# 1657309

This commercial property located at 87 U.s. Highway 1, Verona Island, ME 04416 is currently listed for sale by Better Homes & Gardens Real Estate/The Masiello Group, with an asking price of $1,600,000. Search Verona Island real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Retail
Basement: Slab
Heating: Gas Bottled, Propane, Baseboard, Hot Water, Radiant
Lot Size: 13.37 Acres
Roof Type: Metal
Taxes: $5,153
Year Built: 1994

Feature Descriptions

Accessibilitiy: Level Entry
Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding
Flooring: Carpet, Laminate, Tile, Vinyl
Foundation: Poured Concrete, Slab
Lot: Business District, Near Shopping, Water View, Waterfront
Parking: 21+ Spaces, On Site, Paved
Sewer: Private Sewer, Septic Design Available
Water: Private, Well

Listed By / Shown By

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Listed By

Agency Name: Better Homes & Gardens Real Estate/The Masiello Group
Agent Name: Elaine Pelletier
Agency Phone: (207) 852-4021

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