24 Chase Avenue, Waterville, ME 04901

New Listing
$1,895,000
Property Type: Commercial Square Footage: 10,690 Lot Size (sq. ft.): 246,550 Status: Active
Current Price: $1,895,000 List Date: 6/14/2026 Last Modified: 6/15/2026

Overview

Description

The offering of 24 Chase Avenue in Waterville, Maine is the opportunity to acquire a 10,803-square-foot medical office building on approximately 5.66 acres, fully occupied by MaineGeneral Health. Known as the Seton Center, the building houses outpatient and specialty medical services and is offered at a 7.46 percent capitalization rate, delivering stabilized income from an essential, deeply rooted healthcare tenant. The property is occupied by MaineGeneral Health, the largest nonprofit health system in central Maine and the largest private employer in the Kennebec Valley, under a modified gross lease that runs through October 31, 2029. The building functions as part of MaineGeneral's established Waterville footprint, a clinical setting that is costly and disruptive to relocate, which underpins long-term occupancy and a high probability of renewal.

Listing Details MLS# 1667174

Location Information

Street #
24
Street Name
Chase
Street Type
Avenue
County
Kennebec
Town
Waterville
State/Province
ME
Zip Code
04901
Zip +4
4624
Leased Land
No
Book
11728
Page
198
Map
46
Lot
75
Zoning
INST
Full Tax Amount $
13452
Tax Year
2025
Tree Growth Y/N
No
Association Y/N
No

Contract Information

Original List Price
1895000

Property Information

Primary Use
Office
Surveyed
Unknown
Year Built
1988
SqFt Finished Total
10690
Lot Size Acres +/-
5.66

Utilities

Utilities On
Yes

Property Uses

Medical
Yes
Office Building
Yes
Other
Yes

Parking

21+ Spaces
Yes
On Site
Yes

More Information

Electric

Circuit Breakers
Yes

Property Features

Property Uses: Medical; Office Building; Other Parking: 21+ Spaces; On Site Electric: Circuit Breakers
IDX
Listing Office: Pouliot Real Estate
Last Updated: June - 15 - 2026
Broker Attribution: 207-248-6044

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