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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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87 U.S. Highway 1 , Verona Island, ME 04416
$1,600,000
Est. Payment: $3,555.56/mo
0 Bed
0 Bath
10000 Sqft
Status: Active | Days on site: 132
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1126 - 006519
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House Description

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

Highlights

Listed by Elaine Pelletier , 207-852-4021 Better Homes & Gardens Real Estate/The Masiello Group , 207-942-6711.

Property Type

Commercial Sale

Lot/Acreage
13.37

Year Built

1994

County

Hancock

Listing ID

1657309

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Floor:Carpet,Laminate,Tile,Vinyl
Basement:Slab
Other:
  • Additional:Storage
Water:Private,Well

Exterior Features

Lot:Business District,Near Shopping,Water View,Waterfront
Zoning:Commercial/Shoreland
Roof:Metal
Others:
  • Additional:Deeded, Waterfront Tidal
Sewer:Private Sewer,Septic Design Available
Parking Features:21+ Spaces,On Site,Paved
Principal Interest
$3,556
Taxes
$429

Home Price

$1,600,000

Loan Details

30 yrs
%

Down Payment

20%
$320,000
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Monthly Price:
$3,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,555.56 $429.42 $0.00 $3,984.97
Yearly $42,666.67 $5,153.00 $0.00 $47,819.67
Total $1,280,000.00 $154,590.00 $0.00 $1,434,590.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Verona Island, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.