30 Chase Ave Waterville, ME
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Redevelopment project with approvals for mixed-use development.
Type:MULTIFAMILY
Property size:
119,771 SFLot size:
26.00 AcresPrice / SF:
$12/SF- Added:
- Oct 21, 2025
- Days on Market:
- 188
- Last Refresh:
- Apr 5 at 8:09 pm
Property Features for 30 Chase Ave
General Information
- Standard status
- Active
- Size
- 119,771 SF
- Lot size
- 26.00 Acres
- Property subtype
- MULTIFAMILY
Listing agent Christopher Paszyc, CCIM, SIOR (207) 939-4147
Listing office The Boulos Company (207) 939-4147
Listing date Oct 21, 2025
Source Moodyscre
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
Overview
Waterville Redevelopment Opportunity
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Matuzas William MD
Physician
Gene Giunti
Physician
Mittelman Jonathan S ...
Physician
ATM
Atm
Aljanaby Mohammad S ...
Physician
Location Insight
- Map
- Local Demand
- City
- Waterville
- County
- Kennebec
- State
- Maine
- Longitude
- -69.6544
- Latitude
- 44.5517
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FAQs
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.
