87 Us Highway 1, Verona Island, ME 04416
- $1,600,000
- 10,000
- SqFt
Listing courtesy of Better Homes & Gardens Real Estate/The Masiello Group.
- List Price
- $1,600,000
- MLS#
- 1657309
- Status
- ACTIVE
- Type
- Commercial
- City
- Verona Island
- County
- Hancock
- Living Area
- 10,000
- Lot Size
- 582,397
- Year Built
- 1994
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 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
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Additional Information
- Living Area
- 10,000
- Water Frontage Owned
- 500
- View
- Water
- Electric
- Circuit Breakers
- Water
- Private Well, Well
- Basement
- Slab
- Year Built
- 1994
- Acres
- 13.37
- Roof
- Metal
- Foundation
- Poured Concrete, Slab
- Stories
- 2
- Courtesy Of Listing Office
- Better Homes & Gardens Real Estate/The Masiello Group
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