Waterville
$1,500,000
30 Chase Avenue
mls: 1641468
Bathrooms: 0
Year Built: 1965
Sq Footage: 119,771
Lot Size: 26
Taxes: $31,921
Status: Active

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.

Listed by: The Boulos Company

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.

Listed by: The Boulos Company

Accessibility Features
Appliances
Architectural Style
Basement
Bathrooms Total Integer
0
Body Type
Building Area Total
119771.00
Construction Materials
Cooling
Other
Cooling Yes/No
1
Electric
Exterior Features
Flooring
Foundation Details
Green Energy Efficient
Heating
Steam
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Lot Size Acres
26.0000
Other Equipment
Other Structures
Parking Features
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Flat
Sewer
Public Sewer
Tax Annual Amount
31920.90
Utilities
Water Source
Public
Year Built
1965
Zoning
SMU