Live-Work Workshop
2614 Cranberry Highway Wareham, MA 02571
2614 Cranberry Highway, Wareham, MA, 02571
$695,000
For Sale
$695,000
Amish-built workshop with overhead door, plus updated 3-bedroom cape on fully fenced, gated 1.33-acre site.
Property Size3,455 SF
Lot Size1.33 Acres
Price / SF$201.16
Days on Market147
Property Features for 2614 Cranberry Highway
General Information
- Standard status
- Active
- Size
- 3,455 SF
- Lot size
- 1.33 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2013
Listing agency
Upper Cape Realty Corp.
Listed by
Nancy S. Angus
(508) 823-9400
Source
Ballowhutchinsonrealestate
Added: Feb 25 Updated: Jul 21 at 8:39PM Checked: Jul 21 at 8:39PM
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 Upper Cape Realty Corp.
Investment Insights
Based on property information with market context.
An Amish-built commercial workshop with an overhead door is approximately 2,000 square feet and includes a dormered second floor. The property is updated and meticulously maintained, with additional improvements including a carport, an oversized 2-car garage, and a storage shed. A classic 3-bedroom Cape Colonial is also included.
The site is fully fenced and gated and offers frontage on Cranberry Highway (Rte 28) near Wareham Village Center. The property is described as being in a Commercial General zone with an MBTA designation.
The combination of workshop space, vehicle-access improvements, and enclosed storage—along with the included residence—supports multiple live-work and business uses under the stated zoning framework.
The site is fully fenced and gated and offers frontage on Cranberry Highway (Rte 28) near Wareham Village Center. The property is described as being in a Commercial General zone with an MBTA designation.
The combination of workshop space, vehicle-access improvements, and enclosed storage—along with the included residence—supports multiple live-work and business uses under the stated zoning framework.
Key Highlights
- Commercial Amish‑built workshop on a 1.33‑acre fully fenced and gated site
- Workshop is approximately 2,000 SF with an overhead door and a dormered 2nd floor
- Includes an oversized 2‑car garage, plus a storage shed
Local Financial Insights For Industrial
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 | $55.6k | $16.08 |
| − Vacancy | −$3.1k | −$0.88 |
| EGI | $52.5k | $15.20 |
| − OpEx | −$15.8k | −$4.56 |
| NOI | $36.8k | $10.64 |
3,455 SF · lease $16.08/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.03M
$903.3K – $1.20M
NOI $72,265 @ 7.0% cap · market cap 10.40%
Second Best
Flex RnD
$914.3K
$800.1K – $1.07M
NOI $64,004 @ 7.0% cap · market cap 9.21%
Theoretical Best
Office A
$2.05M
$1.79M – $2.39M
NOI $143,174 @ 7.0% cap · market cap 20.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
conti canvas co.
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Amish-built workshop with overhead door, plus updated 3-bedroom cape on fully fenced, gated 1.33-acre site.
Where is this live-work space located?
The property is located at 2614 Cranberry Highway Wareham, MA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Commercial Amish‑built workshop on a 1.33‑acre fully fenced and gated site; Workshop is approximately 2,000 SF with an overhead door and a dormered 2nd floor; Includes an oversized 2‑car garage, plus a storage shed
