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    Wenham Redevelopment Opportunity
    Updated: Mar 27
    Wenham Redevelopment Opportunity

    36 Essex Street, Wenham, MA 01984

    Contact for pricing
    115,000 sqft 50.48 AC lot
    Prime re‑development opportunity for a 55+ residential community on 50.48 acres.
    Located in Wenham, MA, a desirable New England town with strong demographics.
    Conveniently located 35 minutes from Boston and 3 minutes from Rt‑128, offering easy access to urban amenities.
    Zoning allows for single‑family residential, educational, and non‑profit uses by right, with potential for Independent Living or Senior Living Overlay Districts.
    Existing +\/- 115,000 sq ft of building space in three connected properties, including a Gilded Age mansion with modern additions.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Wenham, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Room Spa & Wellness Suite
    Two-Room Spa & Wellness Suite

    630 Turnpike St Unit 4, North Andover, MA 01845

    Contact for pricing
    400 sqft

    Two rooms share a reception area with utilities, Wi-Fi, and on-site laundry included.

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    Corner Commercial Unit For Sale
    Corner Commercial Unit For Sale

    1019 Osgood St, North Andover, MA 01845

    $1,199,999

    Corner commercial unit in a busy business district, built in 2007.

    View details
    Turnkey Beauty Spa
    Turnkey Beauty Spa

    1 Pleasant Street, Malden, MA 02148

    Contact for pricing
    2,100 sqft

    Fully renovated two-level beauty spa designed for immediate operation.

    View details
    High-End Beauty Spa in Malden
    High-End Beauty Spa in Malden

    1 Pleasant St, Malden, MA 02148

    Contact for pricing

    Fully renovated spa in Malden's commercial district. Turnkey opportunity.

    View details

    Wenham, MA Healthcare Properties Market Trends and Statistics

    Explore 1 healthcare properties for sale in Wenham, MA on our real estate platform. These investment opportunities span a total of 115,000 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Senior Housing / Retirement Homes 1

    Demographics Overview

    Population 4,930
    Population Growth (5Y) -5.3%
    Median Household Income $187,652

    Taxes & Financing

    Tax Rate (average for all types) 1.57%
    Property Tax per SF $30.86 per SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

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