87 U.S. Highway 1, Verona Island, ME 04416
sale
$1,895,000
|
Other
Courtesy Of Better Homes and 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 Listing
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Property Features
- Age: 31-40 Years Old
- Building Units: 4
- Exterior Type: Vinyl Siding
- Exterior Type: Wood Frame
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Tile
- Floor Covering: Carpet
- Heating System: Baseboard
- Heating System: Radiant
- Heating System: Hot Water(Heating)
- MLSID: 1657309
- Roof Type: Metal
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