AnnCastonguay

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

$1,895,000
  • 87 U.s. Highway 1, Verona Island, ME 04416 Main Photo

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Active
SQUARE FEET10,000 MLS#1657309
STATUSActive PROPERTY TYPECommercial - Business

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 with an asking price of $1,895,000. Search Verona Island real estate on acastonguay.spragueandcurtis.com today.

Property Features

Property Type: Commercial - Business
Heating: Baseboard, Hot Water, Radiant
Lot Size: 13.37 Acres
Roof Type: Metal
Taxes: $5,153
Year Built: 1994

Feature Descriptions

Electric: Circuit Breakers
Flooring: Carpet, Laminate, Tile, Vinyl
Lot: Business District
Sewer: Private Sewer, Septic Design Available
Water: Private, Well

Listed By / Shown By

Listed By

Agency Name: Better Homes & Gardens Real Estate/The Masiello Group
Agency Phone: 207-942-6711

Shown By

Agent Name: Ann Castonguay
Agent Phone: (207) 242-1464
Agency Title: Sprague and Curtis Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/18/2026. The listing information on this page last changed on 04/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/18/2026 4:31:29 AM EST) or MREIS (last updated Sat 04/18/2026 2:05:21 AM EST). Real estate listings held by brokerage firms other than Sprague and Curtis Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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