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110 College Ave
Waterville, ME 04901
40 Unit Re-Use or Development Opportunity · Health Care Property For Sale · 21,917 SF
PROPERTY FACTS
About 110 College Ave , Waterville, ME 04901
Real Estate Foreclosure Auction 17-260 40-Unit Development Property Former Independent Living Facility 110 College Ave. Waterville, Maine Thursday, December 14, 2017 at 11AM Real Estate: Consists of a 1.961+/- acre parcel with 220+/- ft. on College Ave. and 63+/- ft. on Myrtle St. The site is located in Medium Density Residential and Commercial C zones and is in close proximity to the newly revitalized downtown district. Improving the site is a wood-frame, single story building containing 21,917+/-SF above grade. The building is designed with 40-units with each having a private bathroom and all located on the main level. The breakdown is (34) single room units and (6) two room suites (1BR) with one having a kitchenette. The building was constructed in 1959 as a motel with a restaurant and lounge in the basement, and was later converted to an assisted living facility with the last use being a private pay, independent living facility. The main level has a central lobby, library/den, common area with living room, dining room and small resident kitchen, commercial kitchen, beauty parlor, office, public restroom and a housekeeping unit. The basement contains 6,336+/-SF and has function rooms, kitchen, laundry room, boiler room, restrooms, offices and storage areas. Other features include a covered patio, sprinkler system and fire alarm system. Reference Waterville Tax Map 58, Portion of Lot 61. Preview: Wednesday, November 29th from 1:30-2:30PM
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PROPERTY TAXES
Parcel Number | WAVL-000058-000000-000061 | Improvements Assessment | $1,155,600 |
Land Assessment | $62,500 | Total Assessment | $1,218,100 |
PROPERTY TAXES
zoning
Zoning Code | MDR/C-Zone |
MDR/C-Zone |
Listing ID: 10032340
Date on Market: 11/18/2017
Last Updated:
Address: 110 College Ave, Waterville, ME 04901