24 Chase Avenue Waterville, ME

$1,895,000
Square Footage 10,690
Acres 5.66
Photo of 24 Chase Avenue Waterville ME 04901




Description

The offering of 24 Chase Avenue in Waterville, Maine is the opportunity to acquire a 10,803-square-foot medical office building on approximately 5.66 acres, fully occupied by MaineGeneral Health. Known as the Seton Center, the building houses outpatient and specialty medical services and is offered at a 7.46 percent capitalization rate, delivering stabilized income from an essential, deeply rooted healthcare tenant. The property is occupied by MaineGeneral Health, the largest nonprofit health system in central Maine and the largest private employer in the Kennebec Valley, under a modified gross lease that runs through October 31, 2029. The building functions as part of MaineGeneral's established Waterville footprint, a clinical setting that is costly and disruptive to relocate, which underpins long-term occupancy and a high probability of renewal.


Listed by Pouliot Real Estate, Matthew Pouliot & Brianna Mannisto-Shuck 207-248-6044

Details

MLS 1667174
Status Active
Price $1,895,000
DOM 55 days
Type Commercial
Square Feet 10,690 sqft
Lot Size 5.66 acres
Year Built 1988
Taxes Paid $13,452

Lot & Building Features

Parking Description 21+ Spaces, On Site
Tax Year 2025
Taxes Paid $13,452

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Financing

$
20%
1%
6.75%
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$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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