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Commercial SaleMixed UseMEVerona Island0441687 U.S. Highway 1, Verona Island, ME, 04416

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

87 U.S. Highway 1, Verona Island, ME, 04416
$1,895,000
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Basics

  • Date added: Added 7 days ago
  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Lot size: 13.37 sq ft
  • Year built: 1994
  • Lot Size Acres: 13.37 acres
  • Zoning: Commercial/Shoreland
  • Business Type: Commercial, Freestanding Building, Gas Station, Convenience Store
  • County: Hancock
  • MLS ID: 1657309

Description

  • 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 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

    Show all description

Location

Building Details

  • Building Area Total: 10000 sq ft
  • Construction Materials: Vinyl Siding, Wood Frame
  • Sewer: Private Sewer, Septic Design Available
  • Heating: Radiant, Hot Water, Baseboard
  • Stories: 2
  • Roof: Metal
  • Foundation Details: Concrete Perimeter, Slab
  • Levels: Multi-Level

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Vinyl, Tile, Laminate, Carpet
  • Parking Features: 21+ Spaces, On Site, Paved
  • WaterSource: Well, Private
  • Interior Features: Storage
  • Lot Features: Waterfront, Water View, Business District, Near Shopping

Courtesy of

  • List Office Name: Better Homes & Gardens Real Estate/The Masiello Group

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458 Main Street
Bangor, ME 04401
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