Mixed-Use Commercial Property with
For Sale
$1,600,000
87 U.S Highway 1, Verona Island, ME 04416
Commercial Sale, Verona Island, ME
Property Size10,000 SF
Lot Size13.37 Acres
Price / SF$160
Days on Market42
Property Features for 87 U.S Highway 1
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial/Shoreland
Interior features
Storage
Lot features
Waterfront, Water View, Business District, Near Shopping
Standard status
Active
Size
10,000 SF
Lot size
13.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5153
Utilities
Sewer type
Private Sewer
Heating system
Natural Gas, Propane (Heating), Baseboard, Hot Water(Heating), Radiant
Water source
Private, Well
Water front features
Waterfront
Water front
1
Amenities
waterfront
Building Details
Year built
1994
Number of units
4
Flooring type
Laminate, Carpet, Tile, Vinyl
Building materials
Wood Frame, Vinyl Siding
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Better Homes & Gardens Real Estate/The Masiello Group · Better Homes and Gardens Real Estate
(207) 942-6711
Listed By:
Elaine Pelletier · License #BR909757
(207) 852-4021
Added: Jul 16
Changed: Aug 19
Last Checked: Aug 26 at 11:06AM
MLS# 1657309
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use commercial property combines a convenience store, equipped pizza operation, commercial kitchen, and two full-service gas pumps within a 10,000-square-foot improvement. The second floor contains two completed one-bedroom apartments, while two additional residential units are partially finished. Separate buildings formerly used for takeout food service and ice cream provide additional structures for renovation. Storage is also available in a detached shed.
The property includes 13.37 acres of cleared land with a paved driveway and frontage on U.S. Route 1. Reported daily traffic ranges from 8,000 to 10,000 vehicles, and the site includes approximately 500± feet of waterfront along the Penobscot River. Commercial/Shoreland zoning, private well water, and private sewer service are documented. The main building dates to 1994 and features wood-frame construction with vinyl siding, metal roofing, and varied interior flooring.
The property includes 13.37 acres of cleared land with a paved driveway and frontage on U.S. Route 1. Reported daily traffic ranges from 8,000 to 10,000 vehicles, and the site includes approximately 500± feet of waterfront along the Penobscot River. Commercial/Shoreland zoning, private well water, and private sewer service are documented. The main building dates to 1994 and features wood-frame construction with vinyl siding, metal roofing, and varied interior flooring.
Key Highlights
- 13.37 acres of cleared land with approximately 500± feet of Penobscot River waterfront
- 10,000 square feet of commercial and residential improvements
- Convenience store, commercial pizza kitchen, and two full‑service gas pumps
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
10,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Explore this area
Business Placement
Demographics for 04416, ME
5,451
Population
2,773
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
94%
High-School Grad
57.8 sq mi
ZIP Area
94
Density / Sq Mi
$62,913
Median Household Income
$38,397
Median Earnings
$833
Median Rent
$237,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes convenience retail, food-service improvements, fuel pumps, apartments, and additional structures on a waterfront commercial site.
Where is this mixed-use property located?
The property is located at 87 U.S Highway 1 Verona Island, ME.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 13.37 acres of cleared land with approximately 500± feet of Penobscot River waterfront; 10,000 square feet of commercial and residential improvements; Convenience store, commercial pizza kitchen, and two full‑service gas pumps
