Renovated Retail
2544 Cranberry Hwy Wareham, MA 02571
2544 Cranberry Hwy, Wareham, MA, 02571
$1,450,000
For Sale
$1,450,000
A 6,300 SF retail building built in 1989, renovated in 2025, with 100% occupancy.
Property Size6,300 SF
Price / SF$230.16
Days on Market27
Property Features for 2544 Cranberry Hwy
General Information
- Standard status
- Active
- Size
- 6,300 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1989
Listing agency
(978) 850-1111
Listed by
Christopher Brown · License #MA #9552112
(978) 850-1111
Source
7s
Added: Jun 25 Updated: Jul 21 at 1:42AM Checked: Jul 21 at 3:40AM
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 Christopher Brown
Investment Insights
Based on property information with market context.
This retail building was originally constructed in 1989 and has been renovated in 2025. The property comprises approximately 6,300 SF and is currently offered with 100% occupancy.
The asset is located on Cranberry Hwy in Wareham, MA, and is positioned for high-visibility retail exposure.
With recent renovations and fully occupied tenancy at the time of listing, the building is presented as a modern, turnkey retail investment opportunity.
The asset is located on Cranberry Hwy in Wareham, MA, and is positioned for high-visibility retail exposure.
With recent renovations and fully occupied tenancy at the time of listing, the building is presented as a modern, turnkey retail investment opportunity.
Key Highlights
- 6,300 SF retail building built in 1989
- Renovated in 2025
- 100% occupancy
Local Financial Insights For Retail
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 | $151.2k | $24.00 |
| − Vacancy | −$3.3k | −$0.53 |
| EGI | $147.9k | $23.47 |
| − OpEx | −$44.4k | −$7.04 |
| NOI | $103.5k | $16.43 |
6,300 SF · lease $24.00/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.48M
$1.29M – $1.73M
NOI $103,512 @ 7.0% cap · market cap 7.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.73M
$3.26M – $4.35M
NOI $261,070 @ 7.0% cap · market cap 18.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Marc's Auto Towing ...
Auto Repair Shop
Gateway Auto Clinic
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - A 6,300 SF retail building built in 1989, renovated in 2025, with 100% occupancy.
Where is this retail space located?
The property is located at 2544 Cranberry Hwy Wareham, MA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 6,300 SF retail building built in 1989; Renovated in 2025; 100% occupancy
