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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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30 Chase Ave , Waterville, ME 04901
$1,500,000
Est. Payment: $7,739.36/mo
0 Bed
0 Bath
119771 Sqft
Status: active | Days on site: 252
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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-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.

Highlights

Listed by Christopher Pathwick-Paszyc , 207-772-1333 The Boulos Company , 207-772-1333. Maine Real Estate Information System, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
26

Year Built

1965

County

Kennebec

Listing ID

1641468

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:Near Turnpike/Interstate,Near Airport,Near Shopping
Zoning:SMU
Roof:Flat
Sewer:Public Sewer
Parking Features:21+ Spaces,On Site,Paved
Principal Interest
$7,739
Taxes
$2,660

Home Price

$1,500,000

Loan Details

30 yrs
6.695%

Down Payment

20%
$300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,739.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,739.36 $2,660.08 $0.00 $10,399.43
Yearly $92,872.27 $31,920.90 $0.00 $124,793.17
Total $2,786,168.24 $957,627.00 $0.00 $3,743,795.24

Today's Rates

30 Year

6.7%

20 Year

6.21%

15 Year

6.15%

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Market insight data is pulled from the same city as the listing being viewed (Waterville, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Listing data is derived in whole or in part from the Maine IDX & 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.


IDX service by Blueroof 360

Data last updated: 2026-08-02T07:29:11.000Z

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