Nathan Smith
← INNOVATE Real Estate
Commercial Sale at 4 Depot St, Wareham MA 02538, Wareham
Commercial Sale at 4 Depot St, Wareham MA 02538, Wareham, photo 2 of 3
Commercial Sale at 4 Depot St, Wareham MA 02538, Wareham, photo 3 of 3
3 photos

$349,000

4 Depot St, Wareham MA 02538
Wareham, MA 02538
Listed by The Team of Cape Cod
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1930

About this home

Exceptional investment opportunity with endless potential. This former nursing home offers over 3,400 square feet of space and is ready for its next chapter. Situated on a sizable property, the building is in need of extensive rehabilitation, making it ideal for investors, developers, contractors, or entrepreneurs seeking a value-add project. With strong redevelopment possibilities and flexible future use potential (buyer to perform due diligence), this property presents a rare chance to restore and reimagine a unique commercial asset. Conveniently located with access to local amenities, major routes, and area services, this is an opportunity to bring vision and value to a promising property.

Property details

MLS #
73526755
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
124
On market date
May 29, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.19 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Minot Forest
2.61 mi away · Grades 3-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
319
Student:teacher ratio
12.3:1
District
Wareham
Middle
Wareham Middle
2.61 mi away · Grades 5-7
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
462
Student:teacher ratio
12.5:1
District
Wareham
High
Wareham Senior High
2.43 mi away · Grades 8-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
618
Student:teacher ratio
10.1:1
District
Wareham

Walkability

Blended score for Wareham's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

29
Car-dependent
out of 100
EPA National Walkability Index
7.5 / 20 -- Below average walkable
Google Places amenity density
15 / 100
Restaurants & cafes0
Grocery stores0
Parks5
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Wareham, from live MLS data.

On the market 124 days -- 18 more days than Wareham's current average of 106 days.
For reference, the median list price across 236 active listings in Wareham right now is $469,450.

Mortgage calculator

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Est. monthly payment
$2,252/mo
$69,800 down
$279,200 loan
Principal & interest$1,811
Property tax (est.)$291
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 2, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.