Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    253 Main St Wareham, MA 2571

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,850 /Mo

    Storefront on Main Street with new floors and lighting.

    Type:Commercial
    Property size:
    1,896 SF
    Added:
    Jan 21, 2026
    Days on Market:
    89
    Last Refresh:
    Apr 5 at 11:25 pm

    Property Features for 253 Main St

    General Information

    Standard status
    Active
    Size
    1,896 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Jeffrey Monast

    Listing agent Jeffrey Monast

    Listing office Conway - Wareham

    Listing date Jan 21, 2026

    Source Corcoran

    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 Conway - Wareham

    Overview

    Main Street Storefront in Wareham

    This is a storefront property located on Main Street in Wareham Village, offering 1896 square feet of space. The interior features new floors, LED lighting, and a tin ceiling. Two large front windows provide visibility and natural light. The property includes both a front and rear entrance, along with a new restroom. Parking is available directly in front of the store, with additional public parking located in the rear of the building. A loading dock is situated at the rear of the building. The property is located minutes from Tobey Hospital, major highways, and other local businesses.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Wild Flower Floral Design — 245 Main St A, Wareham, MA 02571

    Location Insight

    • Map
    • Local Demand
    City
    Wareham
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.7162
    Latitude
    41.7592

    Nearby Similar for Lease

    • Contact for pricing

      Renovated Commercial Space in Wareham

      Tastefully renovated commercial space suitable for various business uses.
      379 Main St. unit: A, Wareham, MA 02571
      View Details
    • Contact for pricing

      Street Level Corner Office Space

      Bright 1000 SF office with conference room in Wareham.
      191 Main Street #103, Wareham, MA 02571
      View Details
    • Contact for pricing

      Main Street Storefront in Wareham

      Storefront on Main Street with high visibility and easy access.
      249 Main St, Wareham, MA 02571
      View Details
    • Contact for pricing

      Oceanview Office Space For Rent

      705 sqft office space with ocean views available for rent.
      3229 Cranberry Hwy #5, Wareham, MA 02532
      View Details
    • Contact for pricing

      Street-Level Office Space Available

      Bright, corner office space in Wareham business district.
      191 Main Street #104, Wareham, MA 02571
      View Details
    • Contact for pricing

      Onset Village Retail Space Available

      Retail space in Onset Village with strong pedestrian traffic.
      211 Onset Ave. #A, Wareham, MA 02558
      View Details
    • Contact for pricing

      Renovated Commercial Space on Main

      Tastefully renovated commercial space suitable for various business uses.
      379 Main St. #A, Wareham, MA 02571
      View Details
    • Contact for pricing

      West Wareham Retail/Office Opportunity

      Versatile space in high-traffic location, customizable for various business needs.
      2506 Cranberry Highway, Wareham, MA 02571
      View Details
    • Contact for pricing

      Wareham Commercial Space For Rent

      Commercial space with updated amenities in a prime Wareham location.
      2747 Cranberry Hwy, Wareham, MA 02571
      View Details
    • Contact for pricing

      Refurbished Retail or Office Space

      High-visibility commercial space with flexible zoning and recent upgrades.
      2870 Cranberry Highway #2, Wareham, MA 02571
      View Details
    • Contact for pricing

      Former Restaurant Space Available

      1,712 SF restaurant space for lease on 0.75 acres.
      East Wareham, MA 02538
      View Details
    • Contact for pricing

      Renovated Retail Space Near Beach

      Ground-floor retail space near Onset Beach, recently renovated.
      215 Onset Ave, Wareham, MA 02558
      View Details

    FAQs

    What type of property is this?
    Storefront property - Storefront on Main Street with new floors and lighting.
    Where is this storefront property located?
    The property is located at 253 Main St Wareham, MA.
    What is the lease rate?
    The lease rate is $2,850 /Mo.
    What are key features of this property?
    This property features: High‑visibility Main Street location in Wareham Village; Newly renovated with new floors, LED lighting, and a tin ceiling; Large storefront with approximately 1900 sqft of space
    (508) 295-6560
    We can help!
    Listing Contact
    Jeffrey Monast
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!