Turnkey Historic Boutique
75 E Main St Orange, MA 01364
75 E Main St, Orange, MA, 01364
$1,222,000
For Sale
$1,222,000
Turnkey Wheeler Mansion operation with 13 guest rooms, a licensed event venue, and short-term rental accommodations.
Property Size13,589 SF
Lot Size1.54 Acres
Price / SF$89.93
Days on Market50
Property Features for 75 E Main St
General Information
- Standard status
- Active
- Size
- 13,589 SF
- Lot size
- 1.54 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing agency
Real Broker MA, LLC
(978) 652-3092
Listed by
Hometown Team
(978) 652-3092
Source
Alliancepartnersre
Added: Jun 3 Updated: Jul 21 at 2:24AM Checked: Jul 21 at 2:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker MA, LLC
Investment Insights
Based on property information with market context.
Turnkey boutique inn, licensed event venue, and short-term rental operation housed within the iconic Wheeler Mansion, a meticulously restored 1903 Colonial Revival estate. The property offers nearly 14,000 sq ft and includes 13 guest rooms, a grand foyer, formal dining room, billiards room, and a large kitchen with ample storage and expansion potential. Event amenities include an event bar, and the grounds feature rock features and a private hedge maze. Most period furnishings convey, along with a liquor license.
Located at 75 E Main St in Orange, Massachusetts, the property sits along Route 2A with easy access to Boston, Worcester, Southern NH, and Vermont. Ample onsite parking is provided.
This landmark setup supports multiple hospitality revenue streams under one ownership, including an inn, events, and short-term rentals within the restored estate.
Located at 75 E Main St in Orange, Massachusetts, the property sits along Route 2A with easy access to Boston, Worcester, Southern NH, and Vermont. Ample onsite parking is provided.
This landmark setup supports multiple hospitality revenue streams under one ownership, including an inn, events, and short-term rentals within the restored estate.
Key Highlights
- Nearly 14,000 sq ft Wheeler Mansion on 1.54 acres in Orange, MA
- Built in 1900; 13 guest rooms plus grand foyer, formal dining room, and billiards room
- Licensed event venue with an event bar and private short‑term rental operations
Local Financial Insights For Hotel Hospitality
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 | $203.8k | $15.00 |
| − Vacancy | −$30.6k | −$2.25 |
| EGI | $173.3k | $12.75 |
| − OpEx | −$91.0k | −$6.69 |
| NOI | $82.3k | $6.06 |
13,589 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 52.50%
Alternative Uses
Best Use
Apartment 5plus
$2.58M
$2.26M – $3.01M
NOI $180,433 @ 7.0% cap · market cap 14.77%
Second Best
Hotel Hospitality
$1.18M
$1.03M – $1.37M
NOI $82,298 @ 7.0% cap · market cap 6.73%
Theoretical Best
Healthcare Medical
$5.63M
$4.93M – $6.57M
NOI $394,447 @ 7.0% cap · market cap 32.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Revival Wheeler Mansion
Wedding Service
Mansion Murder Mystery
Theater & Performing Art Venue
Similar For Sale Nearby
FAQs
What type of property is this?
Hotel - Turnkey Wheeler Mansion operation with 13 guest rooms, a licensed event venue, and short-term rental accommodations.
Where is this hotel located?
The property is located at 75 E Main St Orange, MA.
What is the asking price?
The asking price for this property is $1,222,000.
What are key features of this property?
This property features: Nearly 14,000 sq ft Wheeler Mansion on 1.54 acres in Orange, MA; Built in 1900; 13 guest rooms plus grand foyer, formal dining room, and billiards room; Licensed event venue with an event bar and private short‑term rental operations
