Waterville Redevelopment
30 Chase Ave Waterville, ME
For Sale
Contact for pricing
Redevelopment project with approvals for mixed-use development.
Property Size119,771 SF
Lot Size26.00 Acres
Price / SF$12.52
Days on Market282
Property Features for 30 Chase Ave
General Information
Standard status
Active
Size
119,771 SF
Lot size
26.00 Acres
Property subtype
MULTIFAMILY
Listing Agency:
The Boulos Company
(207) 939-4147
Listed By:
Christopher Paszyc, CCIM, SIOR
(207) 939-4147
Source:
Moodyscre
Added: Oct 21, 2025
Changed: Jul 6
Last Checked: Jul 28 at 7:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulos Company
Investment Insights
Based on property information with market context.
The Seton Project in Waterville, Maine, presents a redevelopment opportunity. The property, formerly a hospital campus, has approvals for developing a 56 to 68-unit multifamily community, along with approximately 35,000 square feet of commercial space. Since 2013, environmental remediation and soft costs have seen hundreds of thousands of dollars invested, leaving the site cleared and ready for advancement. A comprehensive due diligence package includes construction drawings, market studies, feasibility reports, prior tax credit approvals, and environmental clearances. Utilities are in place, along with paved roadways, and acres of impervious surface. Additional acreage supports potential single-family or multifamily expansion. The flexible SMU zoning allows for multifamily, industrial, or commercial uses, providing developers the option to pursue the approved mixed-use plan or adapt to market demand. Seller-provided financing may be available to qualified buyers. The property size is 119,771 square feet.
Key Highlights
- Shovel‑ready redevelopment opportunity with existing approvals for a 56‑68 unit multifamily community and 35,000± sq ft of commercial space.
- Significant predevelopment cost savings due to completed environmental remediation, comprehensive due diligence package, and existing utilities/infrastructure.
- Flexible SMU zoning allows for multifamily, industrial, or commercial uses, providing adaptability to market demands.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Redevelopment project with approvals for mixed-use development.
Where is this apartment building located?
The property is located at 30 Chase Ave Waterville, ME.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Shovel‑ready redevelopment opportunity with existing approvals for a **56‑68 unit multifamily community and 35,000± sq ft of commercial space.**; Significant predevelopment cost savings due to completed environmental remediation, comprehensive due diligence package, and existing utilities/infrastructure.; Flexible SMU zoning allows for multifamily, industrial, or commercial uses, providing adaptability to market demands.
