Historic Bed & Breakfast
For Sale
$2,795,000
1861 Main Street, Brewster, MA 02631
Historic inn with 12 en-suite guest rooms, commercial kitchen, and dedicated owner and employee housing.
Property Size7,922 SF
Price / SF$352.81
Days on Market50
Property Features for 1861 Main Street
General Information
Standard status
Active
Size
7,922 SF
Property subtype
Commercial: Bed & Breakfast
Building Details
Year Built
1860
Listing Agency:
Premier Commercial
(508) 349-3100
Listed By:
Nik J Atsalis
(508) 349-3100
Source:
Downcaperealty
Added: Jun 12
Changed: Jul 10
Last Checked: Jul 30 at 12:10PM
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 Premier Commercial
Investment Insights
Based on property information with market context.
Old Manse Inn is a historic Sea Captain’s manor operating as a bed and breakfast, and it is described as a member of the Select Registry. The property offers 12 uniquely decorated guest rooms, each with a private en-suite bath, along with three common areas for guest use. A dedicated dining room and a fully equipped commercial kitchen support breakfast service and private events. The inn also includes spacious owner’s quarters and dedicated employee housing, designed to support year-round operations.
The property is located on Main Street in Brewster, Cape Cod, and is described as being just minutes from Cape Cod Bay, rail trails, and Brewster’s village center.
This setup may fit buyers seeking a hospitality property with established room inventory, on-site food preparation in a commercial kitchen, and on-site lodging for both owners and staff. With multiple common areas and a dedicated dining room, the configuration supports guest gatherings and hosted events in addition to standard overnight stays.
The property is located on Main Street in Brewster, Cape Cod, and is described as being just minutes from Cape Cod Bay, rail trails, and Brewster’s village center.
This setup may fit buyers seeking a hospitality property with established room inventory, on-site food preparation in a commercial kitchen, and on-site lodging for both owners and staff. With multiple common areas and a dedicated dining room, the configuration supports guest gatherings and hosted events in addition to standard overnight stays.
Key Highlights
- Historic Old Manse Inn built in 1860, a Sea Captain’s manor in Brewster, Cape Cod
- 12 uniquely decorated guest rooms, each with a private en‑suite bath
- Dedicated dining room and fully equipped commercial kitchen for breakfast service and private events
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 | $237.7k | $30.00 |
| − Vacancy | −$28.5k | −$3.60 |
| EGI | $209.1k | $26.40 |
| − OpEx | −$109.8k | −$13.86 |
| NOI | $99.3k | $12.54 |
7,922 SF · lease $30.00/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.42M
$1.24M – $1.66M
NOI $99,342 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.23M
$2.82M – $3.77M
NOI $225,979 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02631, MA
10,178
Population
8,215
Households
1.2
Avg Household Size
58
Median Age
52%
College-Educated
98%
High-School Grad
22.2 sq mi
ZIP Area
458
Density / Sq Mi
$93,427
Median Household Income
$47,395
Median Earnings
$1,386
Median Rent
$621,800
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Spinnaker Restaurant — 2019 Main St, Brewster, MA 02631
- Old Manse Inn — 1861 Main St, Brewster, MA 02631
- Ocean Edge Villages — 81 governor prence rd, brewster, ma 02631
- Brewster park club — 123 Center St, Brewster, MA 02631
- Old Sea Pines Inn — Brewster, MA 02631
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Historic inn with 12 en-suite guest rooms, commercial kitchen, and dedicated owner and employee housing.
Where is this bed & breakfast located?
The property is located at 1861 Main Street Brewster, MA.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: Historic Old Manse Inn built in 1860, a Sea Captain’s manor in Brewster, Cape Cod; 12 uniquely decorated guest rooms, each with a private en‑suite bath; Dedicated dining room and fully equipped commercial kitchen for breakfast service and private events
