Residential Income

Verona Island, ME Residential Income Properties for Sale

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Stockton Springs, ME Orland, ME Bucksport, ME Prospect, ME Penobscot, ME Castine, ME Searsport, ME Frankfort, ME
Mixed-Use Waterfront Commercial Property
Updated: Jul 16
Mixed-Use Waterfront Commercial Property

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

$1,600,000
10,000 sqft 13.37 AC lot
Mixed‑use property on U.S. Route 1 with waterfront frontage and multiple income streams (retail, food service, fuel sales, and residential units).
Established convenience store plus a fully equipped pizza business with a commercial kitchen.
Two full‑service gas pumps, with additional space for expansion or a third business.
Residential income: second floor has two completed 1‑bedroom apartments; two additional units are partially finished.
13.37 acres of cleared land with paved driveway access and approx. 500± ft of waterfront on the Penobscot River.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Verona Island, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Live-Work Mixed-Use Building
Two-Unit Live-Work Mixed-Use Building

100 US Route 1, Bucksport, ME 04416

$269,000
2,168 sqft 0.50 AC lot

Two-unit live-work building with office and residential-ready layouts, expansive rooms, and three full levels.

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Winterport Multifamily with Parking
Winterport Multifamily with Parking

4 Whig Street, Winterport, ME 04496

$469,000
2,880 sqft 0.53 AC lot

Well-maintained multifamily property within the Winterport Historical District featuring multiple unit layouts and off-street parking.

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Mixed-Use Retail and Lodging Building
Mixed-Use Retail and Lodging Building

114 Main Street, Winterport, ME 04496

$679,000
7,300 sqft 0.22 AC lot

Multi-purpose building with second-floor guest rooms, first-floor antique shop space, and a third-floor apartment.

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Mixed-Use Building in Bucksport, Maine
Mixed-Use Building in Bucksport, Maine

119 Main St, Bucksport, ME 04416

$399,900
3,200 sqft 0.19 AC lot

Four-unit mixed-use building with river views and income potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Penobscot River Frontage Land
Penobscot River Frontage Land

23 River Road, Bucksport, ME 04416

$241,530
1,281,099 sqft 29.41 AC lot

29.41 acres of Penobscot River frontage with development potential.

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Land in Penobscot Heights Subdivision
Land in Penobscot Heights Subdivision

150 Bowden Point Road, Prospect, ME 04981

$197,000
46.00 AC lot

Three residential lots totaling 46 acres in Prospect, Maine.

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Private Wooded Residential Lot
Private Wooded Residential Lot

Moosehorn Drive, Bucksport, ME 04416

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1.24 AC lot

A private wooded 1.24-acre lot within an established subdivision, offering space to build in Bucksport area.

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Land in Frankfort, Maine
Land in Frankfort, Maine

M1L431E-5 Sally Mack Road, Frankfort, ME 04438

Contact for pricing
2.11 AC lot

Residential land for sale in a new Frankfort subdivision.

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Verona Island, ME Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Verona Island, ME on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale, with an estimated market value of $1,600,000.

Sale prices for residential income properties in Verona Island, ME average $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 1
Quadplexes 1

Demographics Overview

Population 5,503
Population Growth (5Y) +0.1%
Median Household Income $62,913
College Educated 28.7%

High-Yield Neighborhoods for Investment

Identify Verona Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Bucksport - 04416 $1.9M

Listings Trend

New vs delisted commercial listings in Hancock County

New Delisted

Total CRE Inventory on Market (SF)

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