Waterfront Mixed-Use
For Sale
$1,600,000
87 U.S Highway 1, Verona Island, ME 04416
Verona Island, ME
Property Size10,000 SF
Lot Size13.37 Acres
Price / SF$160
Days on Market137
Property Features for 87 U.S Highway 1
General Information
Property type
Commercial Sale
Property subtype
Retail
Standard status
Active
Size
10,000 SF
Lot size
13.37 Acres
Amenities
convenience store
pizza business with commercial kitchen
two separate structures (takeout restaurant and ice cream shop)
detached storage shed
two completed one-bedroom apartments
two additional units partially finished
paved driveway
waterfront
Building Details
Year built
1994
Listing Agency:
Bangor, Maine · Better Homes and Gardens Real Estate
(207) 942-6711
Listed By:
Elaine Pelletier · License #BR909757
(207) 852-4021
Added: Apr 10
Changed: Aug 24
Last Checked: Aug 24 at 10:06PM
MLS# 1657309
Copyright © 2026 Better Homes and Gardens-The Masiello Group. 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 10,000-square-foot mixed-use property, built in 1994, brings together a convenience store, two full-service gas pumps, and a pizza operation with a commercial kitchen. The improvements also include two separate buildings formerly used for takeout food service and ice cream sales, plus a detached storage shed. A second-floor residential component contains two completed one-bedroom apartments and two additional partially finished units.
The property includes 13.37 acres of cleared land with a paved driveway and frontage along U.S. Route 1. Daily traffic counts are reported between 8,000 and 10,000 vehicles. The site also fronts the Penobscot River, providing a waterfront setting alongside its commercial and residential uses.
Additional interior space is available for another business or expansion, while the commercial kitchen supports continued food-service operations.
The property includes 13.37 acres of cleared land with a paved driveway and frontage along U.S. Route 1. Daily traffic counts are reported between 8,000 and 10,000 vehicles. The site also fronts the Penobscot River, providing a waterfront setting alongside its commercial and residential uses.
Additional interior space is available for another business or expansion, while the commercial kitchen supports continued food-service operations.
Key Highlights
- 10,000‑square‑foot mixed‑use property on 13.37 acres
- Convenience store, pizza operation with commercial kitchen, and two full‑service gas pumps
- Two completed one‑bedroom apartments plus two partially finished units
Property Analytics
Property Profile
Current Use
Lease Details
10,000 VPD
Traffic count
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines convenience retail, fuel service, food preparation, and residential components in one commercial property.
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: 10,000‑square‑foot mixed‑use property on 13.37 acres; Convenience store, pizza operation with commercial kitchen, and two full‑service gas pumps; Two completed one‑bedroom apartments plus two partially finished units
