Verona Island
$1,895,000
87 U.S. Highway 1
mls: 1657309
Bathrooms: 0
Year Built: 1994
Sq Footage: 10,000
Lot Size: 13.37
Taxes: $5,153
Status: Active

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.

Listed by: Better Homes & Gardens Real Estate/The Masiello Group

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

Listed by: Better Homes & Gardens Real Estate/The Masiello Group

Accessibility Features
Appliances
Architectural Style
Basement
Bathrooms Total Integer
0
Body Type
Building Area Total
10000.00
Construction Materials
Cooling
Electric
Circuit Breakers
Exterior Features
Flooring
Carpet, Laminate, Tile, Vinyl
Foundation Details
Green Energy Efficient
Heating
Baseboard, Hot Water, Radiant
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Business District
Lot Size Acres
13.3700
Other Equipment
Other Structures
Shed(s), Outbuilding
Parking Features
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Metal
Sewer
Private Sewer, Septic Design Available
Tax Annual Amount
5153.00
Utilities
Water Source
Private, Well
Waterfront Yes/No
1
Year Built
1994
Zoning
Commercial/Shoreland