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Office Space with Ocean Views
For Lease
$1,300/Mo
Pending

3229 Cranberry Hwy #1, Wareham, MA 02532

545 sqft office space with private entrances and ocean views.

Space SizeContact for details
Days on Market703

Property Features for 3229 Cranberry Hwy #1

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,128

Amenities

Rubber Roof

Building Details

Year Built 1950
Listing Agency: Keller Williams Realty Colonial Partners
Listed By: Yvonne Dunkle
Source: Corcoran
Added: Sep 13, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:59AM

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 Keller Williams Realty Colonial Partners

Investment Insights

Based on property information with market context.

This vacant office space, Unit 1, is located on the first floor and offers 545 sqft of area. It features two private entrances, both at the front and back of the unit. The space includes some existing office furniture that can be used, or tenants can bring their own. The Oceanview Office Building is situated on a busy Cranberry Highway and features new street signs for each business, enhancing publicity. The building provides views of Buttermilk Bay in the front and Buzzards Bay/Cape Cod Canal in the rear. There are 34 open parking spaces available. This unit is individually metered for electric and A/C. Tenants are responsible for electricity, internet, and the cost of a new business sign. The rent covers the office space, a private half bathroom, parking, signage, gas heat, public water, sewer, and dumpster services.

Key Highlights

  • Oceanview Office Building with views of Buttermilk Bay and Buzzards Bay/Cape Cod Canal.
  • Located on busy Cranberry Highway with new street signs for business publicity.
  • 545 sqft office space with 2 private entrances (front and back).

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop

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

Lease Details

NNN (Triple Net)
Lease Type
$0.27 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby

Demographics for 02532, MA

13,411
Population
7,362
Households
1.8
Avg Household Size
49
Median Age
43%
College-Educated
96%
High-School Grad
13.8 sq mi
ZIP Area
972
Density / Sq Mi
$89,411
Median Household Income
$50,372
Median Earnings
$1,474
Median Rent
$477,200
Median Home Value

Market

Lease Benchmarks for Wareham, MA

$16.18 /SF/Yr
Avg Asking Price
$1.09–$28.62 /SF/Yr
Price Range
10,958 SF
Avg Space Size

This space is priced 89% below the average of $16.18 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - 545 sqft office space with private entrances and ocean views.
Where is this office units located?
The property is located at 3229 Cranberry Hwy #1 Wareham, MA.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: Oceanview Office Building with views of Buttermilk Bay and Buzzards Bay/Cape Cod Canal.; Located on busy Cranberry Highway with new street signs for business publicity.; 545 sqft office space with 2 private entrances (front and back).
More about this property
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