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Improved Mixed-Use Land for Sale in Verona Island, Maine

87 US Highway 1, Verona Island, ME 04416

$1,895,000
13.4 acres
Active sale
ago
Est $9,519/mo

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

10,000
Sq feet
1994
Built

Location

Street address
87 US Highway 1
Elevation
100 feet
Coordinates
44.5637, -68.7919

Property details

Acreage
13.37 acres
Zoning
Commercial/Shoreland
MLS #
MREIS 1657309
Posted

Property taxes

2025
$5,153

Details and features

Listing

Type
Commercial Sale
Unit Count
4
Franchise
Better Homes and Gardens Real Estate

Lot

Waterfront
Waterfront
Features
Business District, Near Shopping, Water View

Exterior

Structures
Storage

Structure

Water
Private, Well
Sewer
Private Sewer
Heating
Baseboard, Hot Water, Natural Gas, Propane, Radiant
Materials
Vinyl Siding, Wood Frame
Roof
Metal

Interior

Flooring
Carpet, Laminate, Tile, Vinyl

Property utilities

CategoryTypeStatus
GasNatural GasConnected
GasPropaneConnected

Listing history

DateEventPriceChangeSource
May 15, 2026New listing$1,895,000MREIS
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This 13.37-acre property is located at 87 US Highway 1 in Verona Island, ME 04416. The property is available for sale for $1,895,000. It has a 10,000 sq ft structure built in 1994.

Listed by Better Homes & Gardens Real Estate/The Masiello Group, (603) 283-1914

Checked 2 hours agoUpdated

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