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
Listed By
Agency Name: Better Homes & Gardens Real Estate/The Masiello Group
Agency Phone: 207-942-6711
Shown By
Agent Name: Jean Jenkins
Agent Phone: Primary: (207) 745-4522
Agency Title: Jean Jenkins - Vacationland Realty
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 jjenkins.vacationlandrealtymaine.com today.