REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Christopher Pathwick-Paszyc The Boulos Company
$ 1,500,000
Est. payment /mo
Active
30 Chase AVE Waterville, ME 04901
119,771 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 119,771 sqft
Price per Sqft $12
MLS Listing ID 1641468
HOA Y/N No
Year Built 1965
Tax Year 2025
Lot Size 26.000 Acres
Acres 26.0
Property Sub-Type Multi Family
Source Maine Listings
Land Area 119771
Property Description
The Seton Project in Waterville, Maine, offers a prime redevelopment opportunity. Formerly a hospital campus, the property received approvals to develop a 56-68 unit multifamily community with 35,000± square feet of commercial space.
Since 2013, hundreds of thousands of dollars have been invested in environmental remediation and soft costs, leaving the site fully cleared and ready for advancement. A comprehensive due diligence package is included, with construction drawings, market studies, feasibility reports, prior tax credit approvals, and environmental clearances. With utilities in place, paved roadways, and acres of impervious surface, buyers can avoid millions in predevelopment costs and years of permitting.
Additional acreage supports potential single-family or multifamily expansion. Flexible SMU zoning allows a range of uses—multifamily, industrial, or commercial—giving developers the option to pursue the approved mixed-use plan or adapt to market demand.
Seller-provided financing may be available to qualified buyers. With approvals, infrastructure, due diligence, zoning flexibility, and expansion potential, the Seton Project stands out as a shovel-ready opportunity in a growing Central Maine market.
Since 2013, hundreds of thousands of dollars have been invested in environmental remediation and soft costs, leaving the site fully cleared and ready for advancement. A comprehensive due diligence package is included, with construction drawings, market studies, feasibility reports, prior tax credit approvals, and environmental clearances. With utilities in place, paved roadways, and acres of impervious surface, buyers can avoid millions in predevelopment costs and years of permitting.
Additional acreage supports potential single-family or multifamily expansion. Flexible SMU zoning allows a range of uses—multifamily, industrial, or commercial—giving developers the option to pursue the approved mixed-use plan or adapt to market demand.
Seller-provided financing may be available to qualified buyers. With approvals, infrastructure, due diligence, zoning flexibility, and expansion potential, the Seton Project stands out as a shovel-ready opportunity in a growing Central Maine market.
Location
State ME
County Kennebec
Zoning SMU
Interior
Heating Steam
Cooling Other
Exterior
Parking Features 21+ Spaces, On Site, Paved
Roof Type Flat
Building
Lot Description Near Turnpike/Interstate, Near Airport, Near Shopping
Entry Level Multi-Level
Water Public
Others
Tax ID WAVL-000042-000000-000069
