Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Iconic Cape Cod Lantern Business Title is generated by Realmo AI

    48 Main Street, Orleans, MA 02653

    View on Map
    Claim this Listing
    For Sale
    $695,000

    COMMERCIAL - Orleans, MA

    Property size:
    3,670 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $189/SF
    Added:
    Dec 6, 2024
    Days on Market:
    545
    Last Refresh:
    Jun 4 at 8:06 pm

    Property Features for 48 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Appliances
    Water Heater
    Standard status
    Active
    APN
    34-109-0
    Size
    3,670 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    3200

    Utilities

    Cooling system
    Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Shingle Siding

    We can help!

    Listing Contact
    John E Ciluzzi
    John E Ciluzzi

    Listing agent John E Ciluzzi License #8990

    Listing office Premier Commercial 1645 Falmouth Road, Building G, Centerville, MA

    Listing date Dec 6, 2024

    MLS# 22405755

    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.

    HighLights

    • Historic Business: S. Wilder & Co., Inc. (Cape Cod Lanterns TM) established in 1836, one of the oldest continuously operating businesses in Massachusetts.
    • Prime Location: Situated in the heart of Orleans Village on Main Street, a high‑visibility, easily accessible Cape Cod walking village location.
    • Unique UL Listing: The only lantern shop on Cape Cod with the ability to fabricate UL Listed lighting, holding a UL File.
    • Established Customer Base: Substantial customer list of approximately 9,500.
    • Turnkey Business Opportunity: S‑Corp establishment offering a return on investment and passion for lighting design.
    • Building Built in 1900: The building has historic charm and character.

    Overview

    S. Wilder & Co., Inc., known as Cape Cod Lanterns (TM), presents a business opportunity with a history dating back to 1836. This S-Corp establishment, located in the heart of Orleans Village on Main Street, offers a curated selection of artisanal brands. The business benefits from its location in a high-visibility Cape Cod walking village, easily accessible from across the Cape Cod region. Cape Cod Lanterns is one of the oldest continuously operating businesses in Massachusetts. The company possesses a UL File and is the only lantern shop on Cape Cod with the capability to fabricate UL Listed lighting. The customer list includes approximately 9,500 contacts. The property size is 3,670 square feet, situated on a lot of 0.19 acres. This business represents an opportunity to acquire a traditional business in Cape Cod.
    Property Profile Location Intelligence

    Current Use by Public Records

    Orleans Gold & Silver (Bike/Boat/Book/etc) Store Cure Wellness Collective Gym & Fitness Center Lotuff Shirley A Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Carpets of Cape Cod & more (Staples Plaza) — 130 MA-6A, Orleans, MA 02653
    • Lower Cape Floors — 79 MA-6A, Orleans, MA 02653
    • Fettig Tile Co Inc — 59 Finlay Rd, Orleans, MA 02653
    • The Tilery at Tree's Place — 60 MA-6A, Orleans, MA 02653

    Location Insight

    • Map
    • Local Demand
    City
    Orleans
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -69.990422
    Latitude
    41.787197

    Nearby Similar for Sale

    • $1,350,000
      4,416 SF

      Orleans Landmark: Mixed-Use Opportunity

      In-town location with high visibility, apartments, and retail space.
      21 S Orleans Road, Orleans, MA 02653
      View Details
    • $3,900,000
      14,341 SF

      Orleans Office Building For Sale

      14,340 SF office building on 2.6+ acres in Orleans.
      8 Cardinal Lane, Orleans, MA 02653
      View Details
    • $1,350,000
      4,416 SF

      Orleans Landmark: Mixed-Use Opportunity

      In-town mixed-use property with retail space and apartments.
      21 S Orleans Road, Orleans, MA 02653
      View Details
    • $1,399,000
      3,595 SF

      Orleans Commercial Condo on Main

      3,595 SF commercial condo in the center of town.
      32 Main Street, Orleans, MA 02653
      View Details
    • $1,900,000
      3,843 SF

      Orleans Mixed-Use Investment Opportunity

      Three parcels in central Orleans with mixed-use and residential buildings.
      88 Route 6A, Orleans, MA 02653
      View Details
    • $850,000
      812 SF

      Orleans Professional Office For Sale

      Well-known Orleans office building with high visibility and ample parking.
      170 Massachusetts 6A, Orleans, MA 02653
      View Details
    • $1,900,000
      3,843 SF

      Orleans Mixed-Use Investment Opportunity

      Three parcels in Orleans' Village Center District, excellent investment property.
      88 Route 6A, Orleans, MA 02653
      View Details
    • $3,500,000
      4,156 SF

      Orleans Restaurant & Real Estate

      Established restaurant and commercial real estate package in Orleans, MA.
      46 RT 6A, Orleans, MA 02653
      View Details
    • $3,975,000
      15,100 SF

      Mixed-Use Property in Orleans, MA

      Landmark mixed-use property with residential and commercial spaces in Orleans.
      80-82 Massachusetts 6A, Orleans, MA 02653
      View Details
    • $1,300,000
      4,000 SF

      Orleans Village Center Commercial Property

      Commercial property in excellent condition with expansion potential.
      12 Main St, Orleans, MA 02653
      View Details
    • $1,800,000

      Orleans Commercial Property For Sale

      Commercial property with industrial capacity and professional office amenities.
      9 Rayber Road, Orleans, MA 02653
      View Details
    • $3,900,000
      14,340 SF

      Orleans Office Building For Sale

      14,340 SF office building in the heart of Orleans.
      8 Cardinal Lane, Orleans, MA 02653
      View Details

    FAQs

    What type of property is this?
    Showroom - Historic lantern business for sale in Orleans Village.
    Where is this showroom located?
    The property is located at 48 Main Street Orleans, MA.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Historic Business: S. Wilder & Co., Inc. (Cape Cod Lanterns TM) established in 1836, one of the oldest continuously operating businesses in Massachusetts.; Prime Location: Situated in the heart of Orleans Village on Main Street, a high‑visibility, easily accessible Cape Cod walking village location.; Unique UL Listing: The only lantern shop on Cape Cod with the ability to fabricate UL Listed lighting, holding a UL File.
    (508) 962-5033
    We can help!
    Listing Contact
    John E Ciluzzi
    John E Ciluzzi
    Real Estate License ID: 8990
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    48 Main Street, Orleans, MA 02653
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!