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Turnkey Boutique Inn and Event Venue

75 E Main St Orange Orange, MA 01364

75 E Main St Orange, Orange, MA, 01364
$1,222,000
For Sale
$1,222,000

Restored Wheeler Mansion features 13 guest rooms, event space, and an onsite liquor license for hospitality operations.

Property Size13,589 SF
Lot Size1.54 Acres
Price / SF$89.93
Days on Market48

Property Features for 75 E Main St Orange

General Information

Standard status
Active
Size
13,589 SF
Lot size
1.54 Acres

Building Details

Year Built
1900
Listing agency
Listed by Sharon Lucido
Source Bournetosellrealestate
Added: Jun 4 Updated: Jul 20 at 7:23PM Checked: Jul 21 at 3:26AM

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 Sharon Lucido


Investment Insights

Based on property information with market context.

This turnkey boutique inn and licensed event venue is housed in the Wheeler Mansion, a meticulously restored 1903 Colonial Revival estate. The property includes 13 guest rooms plus a grand foyer, formal dining room, and billiards room. A large kitchen with ample storage supports ongoing operations, and the event bar is designed for guest gatherings. Grounds include landscaped features with rock elements and a private hedge maze, and most period furnishings convey. The property also offers ample onsite parking.

The estate is located at 75 E Main St in Orange, MA, along Route 2A, providing access to regional markets including Boston, Worcester, Southern NH, and Vermont.

Designed for a hospitality operation, the offering includes the framework for an established lodging and event business within a single landmark property.

Key Highlights

  • Nearly 14,000 sq ft Wheeler Mansion built in 1900, restored Colonial Revival estate on 1.54 acres in Orange, MA
  • 13 guest rooms plus grand foyer, formal dining room, and billiards room for overnight and group stays
  • Event venue setup includes event bar, with period furnishings that convey

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
Hotel Hospitality
$1.18M
$1.03M – $1.37M (±1% cap)
NOI $82,298 @ 7.0% cap · market cap 6.73%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$5.63M
$4.93M – $6.57M (±1% cap)
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

Suggested Use

Plumbing Service Kitchen & Bath Showroom Gym & Fitness Center Law Firm Wine and Liquor Store Bar & Pub

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

FAQs

What type of property is this?
Hotel - Restored Wheeler Mansion features 13 guest rooms, event space, and an onsite liquor license for hospitality operations.
Where is this hotel located?
The property is located at 75 E Main St Orange 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 built in 1900, restored Colonial Revival estate on 1.54 acres in Orange, MA; 13 guest rooms plus grand foyer, formal dining room, and billiards room for overnight and group stays; Event venue setup includes event bar, with period furnishings that convey
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