Commercial Real Estate Market in Wareham, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
78 active listings and 625 off-market properties in Wareham, MA. Commercial property asks $206/SF to buy and $14.63/SF/Yr to lease.
Market Trends
Wareham, MA spans 18.7 square miles in Plymouth County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wareham, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Wareham, MA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Wareham, MA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Wareham, MA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 90.6%
- Industrial 4%
- Commercial 1.4%
- Civic 1.1%
- Open space 1.1%
Largest Zones share of zoned land by district
Residence 130
Residence 60
Multiple Residence 30
Industrial
Onset Village Residential
Wareham, MA zones 26,046 acres across 15 districts. Commercial zoning covers 1.4% of zoned land, residential 90.6%, open space 1.1% and industrial 4%. The largest single district is Residence 130 at 50%. For commercial buyers the practical constraint is that only 5.4% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Wareham, MA has 10,858 residents in 6,205 households. Density runs 581 people per square mile. Median household income here is $87,302 and median gross rent $1,427 a month.
10,858
Population
6,205
Households
1.7
Avg Household Size
51
Median Age
32%
College-Educated
90%
High-School Grad
18.7 sq mi
ZIP Area
581
Density / Sq Mi
$87,302
Median Household Income
$56,282
Median Earnings
$1,427
Median Rent
$422,500
Median Home Value
Tools
Lease vs Buy Breakeven
At $14.63/SF/Yr lease vs $206/SF buy → buying wins if held > 3.1 years.
At a 7.1% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Marion | — | — |
| Bourne | — | $24.46 |
| Rochester | — | — |
| Carver | — | $15.00 |
Commercial property in Wareham, MA asks $206/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wareham?
Commercial property in Wareham, MA asks an average of $206 per square foot. The 6 most recent recorded sales traded at a median of $179/SF, so asking sits 15% above the achieved median.
How much does it cost to lease commercial space in Wareham?
Asking lease rates in Wareham, MA average $14.63 per square foot per year.
Is it cheaper to lease or buy commercial space in Wareham?
Buying beats leasing in Wareham, MA if the property is held longer than 3.1 years, comparing $14.63/SF/Yr asking rent with $206/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Wareham?
Wareham, MA zones 26,046 acres across 15 districts, of which 1.4% is commercial and 4% industrial. The largest single district is Residence 130 at 50% of zoned land. Residential zoning covers 90.6% and open space 1.1%.
Where does Realmo's Wareham market data come from?
Realmo compiles Wareham, MA figures from 7 recent recorded sales, 50 active sale listings, 28 active lease listings, 625 tracked off-market properties, the current Wareham zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 50 active for-sale and 28 active for-lease listings in Wareham, MA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 26,046 zoned acres across 15 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
