24 Chase Avenue, Waterville, ME 049014624

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. For an investor seeking durable, recession-resistant income, 24 Chase Avenue offers single-tenant medical office cash flow backed by a mission-critical regional health system with a long-standing presence at this location. It is a defensive, essential-use asset of a type that institutional and private buyers consistently favor for its stability.