Industrial Condo Office Flex
New
For Sale
$340,000
4 Crane Circle, Cataumet, MA 02534
COMMERCIAL - Cataumet, MA
Property Size1,456 SF
Lot Size1.22 Acres
Price / SF$233.52
Days on Market5
Property Features for 4 Crane Circle
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B-2
Parking features
Assigned
Elementary school district
Bourne
Middle school district
Bourne
High school district
Bourne
Directions
Rte 28 S to Otis Rotary, 1st R then L at signal light, continue to Crane Circle to 4 Crane Cir -Unit 1
Subdivision
Bourne
Standard status
Active
APN
BOUR M:52 B: L:92-1
Size
1,456 SF
Lot size
1.22 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1847
Utilities
Water source
Public
Amenities
Route 28A signage
Building Details
Year built
2008
Floors in Building
1
Flooring type
Laminate, Carpet
Building materials
Steel Siding
Roof type
Metal
Listing Agency:
Hartel Realty Corp.
(508) 540-0448
Listed By:
Greg P Hartel
(617) 256-3169
Added: Jul 28
Last Checked: Aug 1 at 10:06AM
MLS# 22603645
Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This industrial bay condominium offers a professionally built-out interior configured for office use, with upper-level storage included to support day-to-day operations and space efficiency. The unit is part of the established Crane Circle Commercial Business Park.
The property is located at 4 Crane Circle in Cataumet, Massachusetts, and includes two (2) assigned parking spaces. Route 28A signage is also noted as an additional feature.
For flexibility in future use, the property is described as being in B-2 Business zoning, and it is offered for sale as a potential income-producing investment with a long-term tenant currently in place.
The property is located at 4 Crane Circle in Cataumet, Massachusetts, and includes two (2) assigned parking spaces. Route 28A signage is also noted as an additional feature.
For flexibility in future use, the property is described as being in B-2 Business zoning, and it is offered for sale as a potential income-producing investment with a long-term tenant currently in place.
Key Highlights
- 1,375+/- SF industrial bay condominium in the Crane Circle Commercial Business Park in Bourne, MA
- Professionally built‑out office configuration with upper‑level storage
- Long‑term tenant currently in place
Financial Insights For Office B
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 | $51.0k | $35.04 |
| − Vacancy | −$10.2k | −$7.01 |
| EGI | $40.8k | $28.03 |
| − OpEx | −$10.2k | −$7.01 |
| NOI | $30.6k | $21.02 |
1,456 SF · lease $35.04/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$437.3K
$382.6K – $510.2K
NOI $30,611 @ 7.0% cap · market cap 9.00%
Second Best
Industrial
$300.3K
$262.8K – $350.4K
NOI $21,024 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$593.3K
$519.2K – $692.2K
NOI $41,533 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Explore this area
Business Placement
Demographics for 02534, MA
899
Population
628
Households
1.4
Avg Household Size
58
Median Age
70%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
333
Density / Sq Mi
$171,169
Median Household Income
$74,645
Median Earnings
$1,010,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Professionally built-out industrial bay condo includes office configuration with upper-level storage and two assigned parking spaces.
Where is this flex space located?
The property is located at 4 Crane Circle Cataumet, MA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 1,375+/- SF industrial bay condominium in the Crane Circle Commercial Business Park in Bourne, MA; Professionally built‑out office configuration with upper‑level storage; Long‑term tenant currently in place
