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Multifunctional Commercial Properties For Sale

3091-3095 Cranberry Hwy Wareham East Wareham, MA 02538

Claim this Listing
For Sale
$1,199,800

Two free-standing buildings with office and warehouse spaces available.

Property size:
6,960 SF
Price / SF:
$172.39/SF
Added:
May 16, 2026
Days on Market:
60
Last Refresh:
Jul 1 at 11:46 pm

Property Features for 3091-3095 Cranberry Hwy Wareham

General Information

Standard status
Active
Size
6,960 SF

Building Details

Year Built
1963

Listing office

Listing date May 16, 2026

Source Milestonerealtyinc

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 Jadaiya Stanley


Investment Insights

Based on property information with market context.

This commercial package features two free-standing, multifunctional buildings suitable for office and warehouse use. One building includes a commercial mezzanine for additional storage and vertical space utilization, along with phase 3 electric. A new roof is planned for 2025. The second building offers a showroom, office space, a conference room, and a warehouse/shop area. The property benefits from a traffic count of over 27,000 vehicles along Cranberry Highway. The total property size is 6,960 square feet.

Key Highlights

  • High traffic location with 27,000+ count on Cranberry Hwy
  • Two free‑standing commercial buildings
  • Multifunctional office and warehouse spaces in both buildings

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $111.1k $15.96
− Vacancy −$9.2k −$1.32
EGI $101.9k $14.64
− OpEx −$15.3k −$2.20
NOI $86.6k $12.44
6,960 SF · lease $15.96/SF/yr · vacancy 8.30% · expense 15.00%

Alternative Uses

Best Use
Flex RnD
$1.84M
$1.61M – $2.15M (±1% cap)
NOI $128,934 @ 7.0% cap · market cap 10.75%
Second Best
Warehouse
$1.24M
$1.08M – $1.44M (±1% cap)
NOI $86,583 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$4.12M
$3.61M – $4.81M (±1% cap)
NOI $288,421 @ 7.0% cap · market cap 24.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Parking Lot & Garage Law Firm Hair Salon Nail Salon Storage Facility Bakery (Bike/Boat/Book/etc) Store Computer & Electronic Repair Spa & Massage Center Daycare Center

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

FAQs

What type of property is this?
Flex space - Two free-standing buildings with office and warehouse spaces available.
Where is this flex space located?
The property is located at 3091-3095 Cranberry Hwy Wareham East Wareham, MA.
What is the asking price?
The asking price for this property is $1,199,800.
What are key features of this property?
This property features: High traffic location with 27,000+ count on Cranberry Hwy; Two free‑standing commercial buildings; Multifunctional office and warehouse spaces in both buildings
Contact an agent
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