$1,500,000
( $12.52Per Sq Foot )
 $8,052 est/mo Sourced by Back At You

30 Chase Avenue,Waterville, ME 04901

Waterville, ME 04901

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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 usesmultifamily, industrial, or commercialgiving 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.

Details

MLS #1641468
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1965
Days On Site335
Listing Provided ByThe Boulos Company | Christopher Pathwick-Paszyc

Features

SQ Feet119,771
ZoningSMU
Acreage26.00

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingOther
Building FeaturesSprinkler - Wet

Exterior

RoofFlat
Lot FeaturesNear Turnpike/Interstate, Near Airport, Near Shopping
Construction MaterialsBrick, Masonry
Exterior Co ExteriorBrick

Parking

Parking Features21+ Spaces, On Site, Paved

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount31920.9
Tax Book Number15403
Tax Year2025
Tax Lot69
Tax Map Number42

Area Information

StateME
CountyKennebec
CityWaterville
Zip Code04901
AreaKennebec
Listing VS Median (in 04901)
Price:
$1,500,000
low | high
Med:
$295,000
100% of Average
sqft:
119,771
low | high
Med:
1,758
100% of Average
$ / sqft:
$13
low | high
Med:
$193
100% of Average
On site:
335
low | high
Med:
103.5
100% of Average
Sourced by Back At You

Market Activity 04901

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Additional Information

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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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateME
CountyKennebec
CityWaterville
Zip Code04901
AreaKennebec
Listing VS Median (in 04901)
Price:
$1,500,000
low | high
Med:
$295,000
100% of Average
sqft:
119,771
low | high
Med:
1,758
100% of Average
$ / sqft:
$13
low | high
Med:
$193
100% of Average
On site:
335
low | high
Med:
103.5
100% of Average
Sourced by Back At You
Listing Updated: May 19, 2026 at 5:17:46 PM PDT