Free-Standing Flex Office
3095 Cranberry Highway Wareham, MA 02538
3095 Cranberry Highway, Wareham, MA, 02538
$599,900
For Sale
$599,900
Multifunctional building offering showroom, office and conference room, plus warehouse/shop space.
Property Size3,840 SF
Price / SF$156.22
Days on Market126
Property Features for 3095 Cranberry Highway
General Information
- Standard status
- Active
- Size
- 3,840 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1963
Listing agency
Conway - Wareham
Listed by
Francis Gropman
(617) 846-8000
Source
Highlandre
Added: Mar 18 Updated: Jul 21 at 6:48AM Checked: Jul 21 at 6:48AM
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
Investment Insights
Based on property information with market context.
This free-standing multifunctional building combines office space with warehouse and shop areas. The interior includes a showroom, office space, and a conference room, alongside a dedicated warehouse/shop component suited to flexible business use.
The property is located at 3095 Cranberry Highway in Wareham, MA 02538, and benefits from exposure along a busy Cranberry Highway corridor, with traffic indicated at approximately 27,000. The offering also notes that the building can be purchased with the building next door as a package, depending on your needs.
For parties seeking a mixed office-and-warehouse setup, the existing layout provides distinct space types within one free-standing structure.
The property is located at 3095 Cranberry Highway in Wareham, MA 02538, and benefits from exposure along a busy Cranberry Highway corridor, with traffic indicated at approximately 27,000. The offering also notes that the building can be purchased with the building next door as a package, depending on your needs.
For parties seeking a mixed office-and-warehouse setup, the existing layout provides distinct space types within one free-standing structure.
Key Highlights
- Free‑standing multifunctional building with office, conference room, showroom, and warehouse/shop space
- Year built 1963
- Over 27,000 traffic count along busy Cranberry Hwy
Local Financial Insights For Warehouse
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 | $61.3k | $15.96 |
| − Vacancy | −$5.1k | −$1.32 |
| EGI | $56.2k | $14.64 |
| − OpEx | −$8.4k | −$2.20 |
| NOI | $47.8k | $12.44 |
3,840 SF · lease $15.96/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.15M
$1.00M – $1.34M
NOI $80,317 @ 7.0% cap · market cap 13.39%
Second Best
Flex RnD
$1.02M
$889.2K – $1.19M
NOI $71,136 @ 7.0% cap · market cap 11.86%
Theoretical Best
Office A
$2.27M
$1.99M – $2.65M
NOI $159,129 @ 7.0% cap · market cap 26.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Glass Blowers Smoke
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- ADOBO REPUBLIC — 3150 Cranberry Hwy, Wareham, MA 02538
FAQs
What type of property is this?
Flex space - Multifunctional building offering showroom, office and conference room, plus warehouse/shop space.
Where is this flex space located?
The property is located at 3095 Cranberry Highway 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: Free‑standing multifunctional building with office, conference room, showroom, and warehouse/shop space; Year built 1963; Over 27,000 traffic count along busy Cranberry Hwy
