For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Historic Bed & Breakfast Opportunity Title is generated by Realmo AI

    74 Wendell Ave, Pittsfield, MA 01201

    View on Map
    Claim this Listing
    For Sale
    $1,200,000

    Turnkey 9-unit bed & breakfast near downtown.

    Property size:
    10,560 SF
    Lot size:
    0.33 Acres
    Price / SF:
    $113/SF
    Added:
    Apr 10, 2026
    Days on Market:
    60
    Last Refresh:
    Apr 20 at 6:37 pm

    Property Features for 74 Wendell Ave

    General Information

    Standard status
    Active
    Size
    10,560 SF
    Lot size
    0.33 Acres

    Building Details

    Year Built
    1870

    We can help!

    Listing Contact
    Timothy Gallagher
    Timothy Gallagher

    Listing agent Timothy Gallagher License #9573698

    Listing office STONE HOUSE PROPERTIES, LLC

    Listing date Apr 10, 2026

    Source Lockandkeyre

    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 STONE HOUSE PROPERTIES, LLC

    HighLights

    • Turnkey historic 9‑unit bed & breakfast with strong income potential.
    • Nine unique guest suites, each with private baths and kitchenettes.
    • Prime location within walking distance to the downtown theater/business district.
    • Potential for a private one‑bedroom owner's unit in the basement.
    • Upgraded, high‑efficiency Viessman boiler and architectural radiators.
    • Upgraded fire security system complete with sprinkler system.

    Overview

    This historic three-story bed & breakfast offers approximately 10,560 square feet on a ±⅓-acre lot. The property is within walking distance of the downtown theater and business district. It features nine unique guest suites, each with private baths and kitchenettes, blending classic charm with modern amenities. Guests are welcomed through an elegant entry foyer, leading to inviting common spaces including a parlor, formal dining room, and fully equipped common kitchen. The first floor also includes two spacious guest suites. The property features maple, oak, mahogany, and blackwood flooring, along with 3 fireplaces located in common areas on the first floor. The second floor hosts four guest suites with a shared common area, while the third floor offers three additional suites and another common gathering space. There is also potential for a private one-bedroom owner's unit located in the basement, ideal for on-site management. The property includes an upgraded heating system with a high-efficiency Viessman boiler and architectural radiators throughout, as well as an upgraded fire security system complete with a sprinkler system. The property offers approximately 95 feet of frontage along Wendell Avenue and is zoned DCD (Downtown Creative District). A large parking lot is located in the rear of the property and offers a separate right of way directly onto East Housatonic St. This is a turnkey hospitality property with historic character and strong income potential.

    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 $158.4k $15.00
    − Vacancy −$23.8k −$2.25
    EGI $134.6k $12.75
    − OpEx −$70.7k −$6.69
    NOI $64.0k $6.06
    10,560 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 52.50%

    Alternative Uses

    Best Use
    Hotel Hospitality
    $913.6K
    $799.4K – $1.07M (±1% cap)
    NOI $63,954 @ 7.0% cap · market cap 5.33%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.09M
    $2.71M – $3.61M (±1% cap)
    NOI $216,438 @ 7.0% cap · market cap 18.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Mortimer Lloyd Artist ... Charitable Organization

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • The Central Downtown Inn & Suites — 20 W Housatonic St, Pittsfield, MA 01201

    Location Insight

    • Map
    • Local Demand
    City
    Pittsfield
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.2530804
    Latitude
    42.4455292

    FAQs

    What type of property is this?
    Bed & breakfast - Turnkey 9-unit bed & breakfast near downtown.
    Where is this bed & breakfast located?
    The property is located at 74 Wendell Ave Pittsfield, MA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Turnkey historic 9‑unit bed & breakfast with strong income potential.; Nine unique guest suites, each with private baths and kitchenettes.; Prime location within walking distance to the downtown theater/business district.
    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