Free-Standing Flex Space with Warehouse &
For Sale
$599,900
3091 Cranberry Hwy, East Wareham, MA
Free-standing flex building with office and warehouse space, commercial mezzanine storage, and a new roof installed in 2025.
Property Size3,120 SF
Price / SF$192.28
Days on Market213
Property Features for 3091 Cranberry Hwy
General Information
Standard status
Active
Size
3,120 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$3,292
Building Details
Year Renovated
2025
Buildings
1
Listing Agency:
Conway - Wareham
(508) 295-6560
Listed By:
Francis Gropman · License #9506689
(774) 263-8989
Source:
Exprealty
Added: Mar 31
Changed: Oct 25
Last Checked: Oct 28 at 10:00AM
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
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Investment Insights
Based on property information with market context.
Free-standing multifunctional flex building offering both office and warehouse space. The building includes a commercial mezzanine for additional storage and added vertical space usage, supporting flexible operations within one structure.
The property is located at 3091 Cranberry Hwy in East Wareham, MA, with 27,000 plus traffic count along busy Cranberry Hwy for ongoing visibility. Phase 3 electric is in place to support building power needs.
The building totals 3,120 SF, and features a new roof installed in 2025. The property can also be purchased with the building next door as a package.
The property is located at 3091 Cranberry Hwy in East Wareham, MA, with 27,000 plus traffic count along busy Cranberry Hwy for ongoing visibility. Phase 3 electric is in place to support building power needs.
The building totals 3,120 SF, and features a new roof installed in 2025. The property can also be purchased with the building next door as a package.
Key Highlights
- 3,120 SF free‑standing flex building with office and warehouse space
- Commercial mezzanine for extra storage and vertical space usage
- New roof installed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,813
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,260
$776.3K
Cap Rate 7%
$554,471
$554.5K
Cap Rate 9%
$431,256
$431.3K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$49.8K $15.96/SF
− Vacancy
−$4.1K −$1.32/SF
EGI
$45.7K $14.64/SF
− OpEx
−$6.8K −$2.20/SF
NOI
$38.8K $12.44/SF
Area
Plymouth County, MA
Vacancy
8.30%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,260
Cap Rate 7%
$554,471
Cap Rate 9%
$431,256
Alternative Uses
Best Use
Flex RnD
$825.7K
$722.5K – $963.3K
NOI $57,798 @ 7.0% cap · market cap 9.63%
Second Best
Warehouse
$554.5K
$485.2K – $646.9K
NOI $38,813 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$1.85M
$1.62M – $2.15M
NOI $129,292 @ 7.0% cap · market cap 21.55%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Free-standing flex building with office and warehouse space, commercial mezzanine storage, and a new roof installed in 2025.
Where is this flex space located?
The property is located at 3091 Cranberry Hwy East Wareham, MA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 3,120 SF free‑standing flex building with office and warehouse space; Commercial mezzanine for extra storage and vertical space usage; New roof installed in 2025
