30 Chase Avenue, Waterville, ME 04901

$1,500,000

MIP AERIAL BOULOS 30 CHASE AVE WATERVILL

revMIP AERIAL BOULOS 30 CHASE AVE WATERV

Property Type: Commercial Square Footage: 119,771 Lot Size (sq. ft.): 1,132,560 Status: Active

Current Price: $1,500,000 List Date: 10/21/2025 Last Modified: 4/04/2026

Overview

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-p ... (Read more)

Listing Details MLS# 1641468

Location Information

Street #: 30
Street Name: Chase
Street Type: Avenue
County: Kennebec
Town: Waterville
State/Province: ME
Zip Code: 04901
Zip +4: 4635
Leased Land: No
Book: 15403
Page: 0081
Map: 42
Lot: 69
Zoning: SMU
Zoning Overlay: Unknown
Full Tax Amount $: 31920.9
Tax Year: 2025
Tree Growth Y/N: No
Association Y/N: No

Contract Information

Original List Price: 1500000

Property Information

Primary Use: Multi Family
Surveyed: Unknown
Year Built: 1965
Tenancy: Multiple Tenants
SqFt Finished Total: 119771
Lot Size Acres +/-: 26

Commercial Bldg Information

Total Units: 68

Water Info

Water Frontage: No

Levels

Multi-Level: Yes

More Information

Location

Near Airport: Yes
Near Shopping: Yes
Near Turnpike/Interstate: Yes

Property Uses

Commercial: Yes
Development: Yes
Freestanding Building: Yes
Industrial: Yes

Construction

Masonry: Yes

Exterior

Brick: Yes

Roof

Flat: Yes

Heat System

Steam: Yes

Heat Fuel

Oil: Yes

Cooling

Other: Yes

Building Features

Sprinkler - Wet: Yes

Parking

21+ Spaces: Yes
On Site: Yes
Paved: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Property Features

Location: Near Airport; Near Shopping; Near Turnpike/Interstate Construction: Masonry Levels: Multi-Level Property Uses: Commercial; Development; Freestanding Building; Industrial Exterior: Brick Roof: Flat Heat System: Steam Heat Fuel: Oil Cooling: Other Building Features: Sprinkler - Wet Parking: 21+ Spaces; On Site; Paved Sewer: Public Sewer Water: Public

Documents

Property Disclosure Public Access ›

IDX

Listing Office: The Boulos Company

Last Updated: April - 04 - 2026

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.