Listed by The Boulos Company Portland
$5,000,000
Former Unity College
Details
APN Map 10/11, Various Lots
Property Type Hospitality, Land
Sub Type Residential, Commercial
Square Footage 246,145
Buildings 24
Acreage 225.000
Zoning 11 - Residential
Ownership Unity Environmental University
Hospitality
Marketing description
Redevelopment Opportunity of Former College Campus
Former Unity College Campus located in Unity, ME which is just northeast of Augusta and Waterville.
Investment highlights
- The Boulos Company is pleased to present for sale a former college campus in Unity, Maine. This property presents a unique opportunity to acquire a fully developed institutional property with exceptional redevelopment potential. This offering is for the former campus, but the seller controls 16 parcels of excess property in Unity and Thorndike which could be included in the sale.
- The main campus, 90 Quaker Hill Road, Unity, is situated on 225± acres of scenic land. The campus features a mix of academic buildings, residential buildings with 600± beds, dining facilities, administrative offices, and recreational buildings totaling approximately 246,145± SF across 24 buildings. The campus also includes parking lots, athletic fields, and walking trails, and all furniture, fixtures, and equipment are included in the sale. This is truly a turn-key offering suitable for a variety of uses, including: 1) Educational or Institutional – Colleges, private schools, or training centers, 2) Residential Redevelopment – Workforce housing, senior living, or multifamily conversions, 3) Hospitality or Retreat Center – Conference center, wellness retreat, camps, or seasonal resort.
- Significant improvements have been made to the campus in recent years.
- Although the property has been vacated, a full-time maintenance team cares for the property, ensuring that the facilities remain operable. This is a rare chance to control a fully built campus at a small fraction of replacement cost.
Listing Contacts
Listed by The Boulos Company Portland
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