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36 Essex St Wenham, MA 1984

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55+ residential community redevelopment opportunity on 50.48 acres.

Type:Multifamily
Property size:
115,000 SF
Lot size:
50.48 Acres
Added:
Jan 24, 2026
Days on Market:
68
Last Refresh:
Mar 17 at 1:13 pm

Property Features for 36 Essex St

General Information

Standard status
Active
Size
115,000 SF
Lot size
50.48 Acres
Property subtype
Multifamily

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Listing Contact
Philip DeSimone

Listing agent Philip DeSimone License #9536924

Listing office Kelleher & Sadowsky Associates Inc

Listing date Jan 24, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Kelleher & Sadowsky Associates Inc


Overview

Wenham Redevelopment Opportunity

Located at 36 Essex Street in Wenham, MA, this redevelopment opportunity features approximately 115,000 square feet of space in three connected properties situated on 50.48 acres. The original property, a Gilded Age mansion, was built in 1929 and includes two modern additions. The property is located 35 minutes from Boston and three minutes to Rt-128. Wenham combines New England charm with a median family income of $207,244. Essex County has more than 250,000 residents over 55 years of age. The property is located within the Residential Zoning District, which allows for single family residential, educational, and non-profit uses by right. Developers may also opt into the Independent Living Overlay District or the Senior Living Overlay District. The former school has filed for Chapter 11 Bankruptcy, with the goal of selecting a buyer by January 2026. The property is 26 miles (35 minutes) from downtown Boston by car, with commuter rail service a few miles away. West Beach in Beverly is nine minutes away, and the area is rich in dining, shopping, museums, and cultural attractions. The property is well-positioned for connectivity.
Location Intelligence

Current Use by Public Records

The Academy at Penguin Hall High School

Suggested Use

Real Estate Agency Spa & Massage Center Big Box & Wholesale Store Gym & Fitness Center Skin Care Clinic Kitchen & Bath Showroom HVAC Service Electrical Service Furniture & Home Goods Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Wenham
County
Essex
State
Massachusetts
Longitude
-70.8482151
Latitude
42.594254

FAQs

What type of property is this?
Senior housing / Retirement Home - 55+ residential community redevelopment opportunity on 50.48 acres.
Where is this senior housing / retirement home located?
The property is located at 36 Essex St Wenham, MA.
What are key features of this property?
This property features: 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.
More about this property
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