Renovated Retail
For Sale
$1,450,000
2544 Cranberry Hwy, Wareham, MA 02571
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 Market118
Property Features for 2544 Cranberry Hwy
General Information
Standard status
Active
Size
6,300 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Business Included
Yes
Building Details
Building Size
6,300 SF
Year Built
1989
Year Renovated
2025
Listed By:
Christopher Brown · License #MA #9552112
(978) 850-1111
Source:
7s
Added: Jun 25
Changed: Oct 7
Last Checked: Oct 19 at 3:42AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,512
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,070,240
$2.1M
Cap Rate 7%
$1,478,743
$1.5M
Cap Rate 9%
$1,150,133
$1.2M
Market Conditions
NOI Build-Up for 6,300 SF
Gross rent
$151.2K $24.00/SF
− Vacancy
−$3.3K −$0.53/SF
EGI
$147.9K $23.47/SF
− OpEx
−$44.4K −$7.04/SF
NOI
$103.5K $16.43/SF
Area
Plymouth County, MA
Vacancy
2.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,070,240
Cap Rate 7%
$1,478,743
Cap Rate 9%
$1,150,133
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 authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
Explore this area
Business Placement
Demographics for 02571, MA
10,858
Population
6,205
Households
1.7
Avg Household Size
51
Median Age
32%
College-Educated
90%
High-School Grad
18.7 sq mi
ZIP Area
581
Density / Sq Mi
$87,302
Median Household Income
$56,282
Median Earnings
$1,427
Median Rent
$422,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
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
