2614 Cranberry Highway

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2614 Cranberry Highway

Wareham, MA 02571
Asking Price
$695K
Asset Type
Residential Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail and residential property located in Wareham Massachusetts
  • Asset is currently listed for sale at 695000 dollars
  • Property features versatile general commercial zoning designations
  • Site offers significant potential under MBTA Community Act regulations
  • Positioned along Cranberry Highway with strategic regional access

What's Special

Investors and developers can leverage the development potential of this retail and residential property situated at 2614 Cranberry Highway in Wareham, Massachusetts. The site benefits from its classification under the MBTA Community Act zoning, providing a strategic path for future project planning in a growing coastal region. This location serves as a gateway to Cape Cod, capturing steady traffic flow and benefiting from the established commercial character of the surrounding submarket. Positioned for versatile use, the asset appeals to those looking to capitalize on modern development trends in high-demand suburban corridors. The existing general commercial designation allows for a variety of business operations while the residential component offers additional utility for prospective buyers. Its placement along a major thoroughfare ensures visibility for retail endeavors, while the legislative support for increased housing density makes this an active candidate for residential redevelopment or mixed-use conversion.

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NOI
$80,000
Cap Rate
11.51%
DSCR
1.94
Strong
Cash-on-Cash
18.58%
Monthly Payment
$3,438.481
Annual Cash Flow
$38,738.23

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