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2573 Cranberry Hwy 1.02 Acres of Commercial Land Offered at $1,995,000 in Wareham, MA 02571
INVESTMENT HIGHLIGHTS
- Mixed-Use Investment Portfolio: Includes 4 buildings;historic warehouse, retail storefront, two-family, and single-family on one versatile parcel
- Income & Redevelopment Potential: ~7,300+ sq ft of space with public utilities, parking, and zoning flexibility for investors or developers.
- Prime Location - Dual access from Elm St & Cranberry Hwy (Route 28), minutes to Wareham Village, Wareham Crossing, I-495, I-195, and the Cape.
EXECUTIVE SUMMARY
Exceptional opportunity to acquire a multi-building mixed-use property in the heart of Wareham Village, just off Route 28 and minutes from Wareham Crossing. The offering includes four distinct structures on a single parcel:
A historic ~3,100 SF warehouse (formerly the Old Company Store)
A high-visibility commercial storefront on Cranberry Highway (~1,180 SF + 589 SF attic)
A two-family residential home (~1,500 SF total)
A multi-level single-family home (~1,534 SF + screened porch & deck)
With flexible mixed-use zoning, public water/sewer, and access from both Elm Street and Cranberry Highway, this property offers strong value-add or redevelopment potential, including condo conversion, rental income expansion, or adaptive reuse. Water views, walkability to downtown Wareham, and proximity to highways make this a strategic coastal investment just 1 hour from Boston and 20 minutes to Cape Cod.
Total finished area: ~7,318 SF (excluding attic/storage). Buyer/agent to verify all uses. Shown by appointment only.
PROPERTY FACTS
| Price | $1,995,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.02 AC |
| Zoning | MUB - Mixed-use zoning with commercial and residential potential. Located in Flood Zone AE. Buyer/agent to verify permitted uses with town. | ||
| Price | $1,995,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.02 AC |
| Zoning | MUB - Mixed-use zoning with commercial and residential potential. Located in Flood Zone AE. Buyer/agent to verify permitted uses with town. |
1 LOT AVAILABLE
Lot
| Price | $1,995,000 | Lot Size | 1.02 AC |
| Price Per AC | $1,955,882.35 |
| Price | $1,995,000 |
| Price Per AC | $1,955,882.35 |
| Lot Size | 1.02 AC |
Unique mixed-use lot in Wareham Village with 4 structures: retail, warehouse, 2-family, and single-family. Water views, dual access (Elm St & Route 28), public utilities, and parking. Ideal for investment, income, or redevelopment.
DESCRIPTION
This unique multi-building parcel in the heart of Wareham offers a rare opportunity for flexible use and long-term value creation. Set on a level, well-positioned lot with access from both Elm Street and Cranberry Highway (Route 28), the property blends residential charm with commercial utility, ideal for a multi-use or redevelopment scenario. This expansive multi-structure parcel offers a rare blend of residential, commercial, and historical utility on a single, versatile lot. The property spans multiple buildings and use types, with direct access from both Elm Street and high-visibility Cranberry Highway (Route 28). Its layout allows for distinct zones of use, from public-facing retail to quiet residential, making it ideal for investors, owner-occupants, or redevelopment opportunities. The lot features a gently sloping grade that leads toward scenic pond frontage, creating peaceful water views from several vantage points. Mature trees and open green space provide natural buffers between the structures, while paved parking areas support residential and commercial access. With ample on-site parking, established driveways, and utilities in place (public water/sewer, electric, gas), the infrastructure is ready for current use or future transformation. Currently improved with four structures, including a historic commercial warehouse (former Old Company Store), a high-visibility retail storefront, a two-family home, and a detached single-family residence, the lot is zoned for mixed use (buyer/agent to confirm zoning allowances and density). The site features: Paved parking areas Open green space with mature landscaping and pond views Public water & sewer connections in place Walkability to Wareham Village, restaurants, shops, and town services Proximity to Route 6, I-495, I-195, and Wareham Crossing From a development standpoint, the parcel supports: Condo conversion of existing buildings Infill potential for additional residential or townhome units Live/work spaces or boutique mixed-use redevelopment Continued use as a rental-income portfolio with strong cash flow The waterfront backdrop and central location enhance value for both end users and long-term investors. With existing structures providing flexibility and income during planning or permitting, this lot is well suited for phased development or legacy ownership.
PROPERTY TAXES
| Parcel Number | WARE-000132-000000-000000-B000001 | Improvements Assessment | $746,500 |
| Land Assessment | $221,900 | Total Assessment | $968,400 |
PROPERTY TAXES
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2573 Cranberry Hwy
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