Flex Space Condominium With Office
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
Carpet, Laminate
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
Changed: Aug 1
Last Checked: Aug 1 at 1:06PM
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.
Located at 4 Crane Circle in Cataumet, Massachusetts, this flex space condominium is set within the established Crane Circle Commercial Business Park. Built in 2008, the unit features a professional office build-out with upper-level storage, designed to support a range of commercial operations.
The property is offered with a long-term tenant currently in place. Additional features include two assigned parking spaces and Route 28A signage. B-2 Business zoning supports a wide range of commercial uses, and the unit includes public water service. Construction features include steel siding with a metal roof, with interior flooring finishes of carpet and laminate.
The property is offered with a long-term tenant currently in place. Additional features include two assigned parking spaces and Route 28A signage. B-2 Business zoning supports a wide range of commercial uses, and the unit includes public water service. Construction features include steel siding with a metal roof, with interior flooring finishes of carpet and laminate.
Key Highlights
- 2008 construction
- Professionally built‑out for office use with upper‑level storage
- B‑2 Business zoning
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Professionally built-out flex space with office use, upper-level storage, and B-2 zoning in the Crane Circle Commercial Business Park.
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: 2008 construction; Professionally built‑out for office use with upper‑level storage; B‑2 Business zoning
