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Office Unit with Ocean Views
For Lease
$1,300/Mo
Pending

3229 Cranberry Hwy 1, Wareham, MA 02532

545 sqft office unit with private entrances and ocean views.

Space SizeContact for details
Property Size8,778 SF
Lot Size0.49 Acres
Days on Market153

Property Features for 3229 Cranberry Hwy 1

General Information

Standard status Pending
Size 8,778 SF
Lot size 0.49 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,128

Building Details

Building Size 8,778 SF
Year Built 1950
Listing Agency:
Listed By: Alan Gifford
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 11:59AM

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 Alan Gifford

Investment Insights

Based on property information with market context.

This vacant 545 sqft office space is located in Unit 1 on the first floor and features two private entrances, both front and back. The unit includes some office furniture that can be used, or tenants can bring their own. Situated in an Oceanview Office Building on a busy Cranberry Highway, the location benefits from new street signs listing each business leased in the building, enhancing publicity. The building offers views of Buttermilk Bay in the front and Buzzards Bay/Cape Cod Canal in the rear, along with 34 open parking spaces. This unit is individually metered for electric and A/C. The rent covers the office space, a private half bathroom, parking, signage, gas heat, public water, sewer, and dumpster. Tenants are responsible for electricity, internet, and the cost of a new business sign. The property is intended for office use.

Key Highlights

  • Oceanview Office Building with stunning views of Buttermilk Bay and Buzzards Bay/Cape Cod Canal.
  • Located on busy Cranberry Highway, benefiting from new street signs for enhanced business publicity.
  • 545 sqft office space featuring 2 private entrances (front and back).

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.29 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby

Demographics for 02532, MA

13,411
Population
7,362
Households
1.8
Avg Household Size
49
Median Age
43%
College-Educated
96%
High-School Grad
13.8 sq mi
ZIP Area
972
Density / Sq Mi
$89,411
Median Household Income
$50,372
Median Earnings
$1,474
Median Rent
$477,200
Median Home Value

Market

Lease Benchmarks for Wareham, MA

$16.38 /SF/Yr
Avg Asking Price
$1.09–$28.62 /SF/Yr
Price Range
9,392 SF
Avg Space Size

This space is priced 75% above the average of $16.38 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - 545 sqft office unit with private entrances and ocean views.
Where is this office units located?
The property is located at 3229 Cranberry Hwy 1 Wareham, MA.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: Oceanview Office Building with stunning views of Buttermilk Bay and Buzzards Bay/Cape Cod Canal.; Located on busy Cranberry Highway, benefiting from new street signs for enhanced business publicity.; 545 sqft office space featuring 2 private entrances (front and back).
More about this property
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