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Inland Hospital Campus 200 KMD 113,056 SF 100% Leased Office Building Waterville, ME 04901 $2,700,000 ($23.88/SF)
INVESTMENT HIGHLIGHTS
- Prime Waterville location with signalized intersection access
- Substantial infrastructure and utility capacity in place
- Flexible zoning and adaptive reuse potential
- Large, well-configured parcel suitable for redevelopment
- Aggressively priced, offering a low-cost entry point for redevelopment
- Vacant and ready for immediate repositioning
EXECUTIVE SUMMARY
The former Inland Hospital in Waterville, Maine presents an exceptional redevelopment opportunity—a substantial existing facility on a large, well-located parcel offered at an aggressively priced. The property is being sold vacant, creating a rare chance to reposition one of central Maine’s most recognizable institutional assets.
Located at a signalized intersection with excellent visibility and access, the site features robust existing infrastructure, multiple curb cuts, and expansive on-site parking. The campus includes three smaller medical office buildings that can be easily parceled out and sold or leased by the new owner. Its scale and location make it suitable for a wide range of potential redevelopment concepts, including medical, educational, residential, senior living, or mixed-use applications.
With strong physical bones, utility connections in place, and a strategic position near major routes, this property provides a cost-effective platform for developers and investors seeking to capitalize on value creation through adaptive reuse or ground-up redevelopment.
Located at a signalized intersection with excellent visibility and access, the site features robust existing infrastructure, multiple curb cuts, and expansive on-site parking. The campus includes three smaller medical office buildings that can be easily parceled out and sold or leased by the new owner. Its scale and location make it suitable for a wide range of potential redevelopment concepts, including medical, educational, residential, senior living, or mixed-use applications.
With strong physical bones, utility connections in place, and a strategic position near major routes, this property provides a cost-effective platform for developers and investors seeking to capitalize on value creation through adaptive reuse or ground-up redevelopment.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
113,056 SF
Building Class
C
Year Built
1960
Price
$2,700,000
Price Per SF
$23.88
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
37,685 SF
Building FAR
0.10
Lot Size
27.09 AC
Zoning
Inst & CC
AMENITIES
- 24 Hour Access
- Kitchen
- Air Conditioning
- On-Site Security Staff
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PROPERTY TAXES
| Parcel Number | WAVL-000037-000000-000132 | Improvements Assessment | $6,736,400 |
| Land Assessment | $3,549,900 | Total Assessment | $10,286,300 |
PROPERTY TAXES
Parcel Number
WAVL-000037-000000-000132
Land Assessment
$3,549,900
Improvements Assessment
$6,736,400
Total Assessment
$10,286,300
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Inland Hospital Campus | 200 KMD
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