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Retail Building in Prime Location
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2546 Cranberry Hwy, Wareham, MA 02571

6,300 SF retail building in Wareham, renovated in 2025.

Property Size6,300 SF
Price / SF$230.16
Days on Market145

Property Features for 2546 Cranberry Hwy

General Information

Standard status Active
Size 6,300 SF
Property subtype RETAIL
Listing Agency: eXp Commercial | Boston
Listed By: Christopher Brown
Source: Moodyscre
Added: May 20 Changed: Oct 8 Last Checked: Oct 11 at 8:58AM

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 eXp Commercial | Boston

Investment Insights

Based on property information with market context.

This is a 6,300 SF retail building located in Wareham. Constructed in 1989, the building was renovated in 2025. The property benefits from high visibility and 100% occupancy. It is a modernized and well-maintained turnkey retail opportunity with strong investment potential.

Key Highlights

  • Prime location in Wareham
  • 100% occupancy
  • Strong investment potential

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 (±1% cap)
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 (±1% cap)
NOI $261,070 @ 7.0% cap · market cap 18.00%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Grocery & Convenience Store HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 6,300 SF retail building in Wareham, renovated in 2025.
Where is this retail space located?
The property is located at 2546 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: Prime location in Wareham; 100% occupancy; Strong investment potential
(978) 850-1111 Call to check price and availability
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