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    Wenham, MA Senior Housing / Retirement Homes for Sale

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    Wenham Redevelopment Opportunity
    Updated: Jan 24
    Wenham Redevelopment Opportunity

    36 Essex St, Wenham, MA 01984

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    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.

    Redevelopment Office and Retail Building
    Redevelopment Office and Retail Building

    1 N Main St, Webster, MA 01570

    $1,250,000
    19,000 sqft 1.36 AC lot

    Vacant former bank building on a large downtown lot with extensive frontage and on-site parking for flexible reuse.

    View details
    Historic Queen Anne-Style Residence
    Historic Queen Anne-Style Residence

    126 Elm St, Bennington, VT 05201

    $1,299,000
    7,000 sqft

    Iconic Bennington property with architectural significance and development potential.

    View details
    Three-Level Nursing Home Building
    Three-Level Nursing Home Building

    1007-1011 East Street, Dedham, MA 02026

    $8,750,000
    56,000 sqft 3.40 AC lot

    Former nursing home with ADA-compliant access, elevator service, and bedroom suites featuring individual half bathrooms.

    View details
    Historic Senior Housing Residence
    Historic Senior Housing Residence

    126 Elm Street, Bennington, VT 05201

    $1,299,000

    Queen Anne architectural details, public water, and a prominent corner setting shape this residential care property.

    View details

    Wenham, MA Senior Housing / Retirement Homes Market Trends and Statistics

    Explore 1 senior housing / retirement homes 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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    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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