Alabama
Step into the legacy and opportunity of Heritage House, a 1913 neoclassical mansion that blends timeless Southern charm with a thriving business model in the heart of Opelika, Alabama. Perfectly positioned at the confluence of a historic commercial downtown and the desirable Northside Historic District residential neighborhood, this 5,460-square-foot stately home has been beautifully restored and operates today as a highly rated bed & breakfast and event venue.
With five elegant guest rooms, spacious common areas, modernized amenities, and a wraparound veranda that sets the tone for warm hospitality, Heritage House already enjoys strong repeat business from Auburn University visitors, national and international travelers, and event clients. The separate ~2,500-square-foot Carriage House, complete with a three-car garage, workspace, and innkeeper’s apartment, adds flexibility for operations and future growth.
More than just a property, Heritage House is a turn-key business with multiple income streams and untapped potential. Already producing steady revenue from lodging (~80%) and events (~20%), the business is poised for significant expansion in weddings, private parties, alcohol sales, and outdoor event hosting. Its prime location near transportation corridors, Auburn University, major employers, golf, sports, and cultural venues ensures year-round demand from both leisure and business travelers.
Included in the sale are all furnishings, art & decor, supplies, established systems, digital assets, branding, and a loyal customer base with over 500 glowing online reviews. Whether you’re an experienced hospitality professional or an entrepreneur looking to expand into events and lodging, Heritage House offers not just real estate, but a rare chance to own a piece of history—and turn it into your future.
Offered at $1,250,000. Owner financing available to well qualified buyers with substantial down payment.
Originally built in 1913, Heritage House is a 5,460 square foot neoclassical mansion situated on a 0.92 acre corner lot at the junction of Opelika, Alabama’s historic downtown and Northside residential neighborhood.
The main house boasts 12 foot ceilings on both levels and features 5 guest bedrooms, each with a private bathroom, a large front parlor, a banquet size dining room with operational pocket doors, multiple other common areas for guests, and a recently renovated kitchen with attached butlers pantry featuring a commercial ice maker and scullery sink. There are two second floor balconies plus a wraparound veranda on the first floor.
This building is in excellent condition and features irreplaceable craftsmanship, a grand central stairway, intricate millwork, original chandeliers, and wood floors throughout.
In addition to the mansion, there is a Carriage House on the property that is approximately 2,500 square feet. The first floor of that building features a three car garage, laundry room, storage, 1/2 bath, work, and storage space. The second floor is an approximately 1,000 square foot 1 bedroom apartment with a full kitchen and bathroom, currently used as Innkeepers quarters. This building also features a large screened-in porch on the back of the first floor and a small rooftop deck off the second story apartment..
The property is zoned C2, which means it offers flexibility for both commercial and residential use. Located on a corner lot in a high traffic area with existing approved and lighted signage.
Fiber to the building provides fast, reliable internet access. (Opelika was Alabama’s first “gig” city).
Recent Updates
3 of the properties 4 HVAC systems have been replaced in the past 5 years.
Main building exterior woodwork professionally repainted in 2024
Kitchen updated in 2020
Exterior lighting and electrical updates including sidewalk lamps, lighting on signage, and electrical outlets for holiday decor and events.
Concrete paved around the perimeter of the main building.
5 year bonded termite treatment performed December 2025
Structural inspection completed in 2025 certifying that “this building’s foundation and framing are stable and are generally in good structural condition.”
In addition to the mansion, there is a Carriage House on the property that is approximately 2,500 square feet. The first floor of that building features a three car garage, laundry room, storage, 1/2 bath, work, and storage space. The second floor is an approximately 1,000 square foot 1 bedroom apartment with a full kitchen and bathroom, currently used as Innkeepers quarters. This building also features a large screened-in porch on the back of the first floor and a small rooftop deck off the second story apartment..
This property was first remodeled and converted into a bed & breakfast in 1993. It has been in operation in its current iteration since June 2020. The primary business is still as a bed & breakfast, but the current owners also host and produce events such as weddings, receptions, showers, parties, retreats, and networking events. Revenue is approximately 80% lodging, 20% events, including alcohol sales (current owners hold a liquor license).
Lodging stats (2025):
Occupancy: 45%
Highest occupancy months: August, November
Lowest occupancy months: January, December
ADR: $168.53
RevPAR: $75.63
Approximately 90% of reservations are direct (online or phone) while 10% come through OTA’s (Expedia, Booking.com, Airbnb, TripAdvisor, and Stash Rewards)
The vast majority of lodging guests are travelers from outside the area, traveling from all over the US (and even international) to visit Opelika, while the vast majority of event customers are local.
Lodging guests come to the area for work, to visit family and friends, and for pleasure, but our location near the convergence of two highways (I-85 and US 280) also positions Heritage House as a frequent stopover location for travelers passing through.
The substantial value and the draw for our guests is obviously in the real estate, but with this sale we are offering a complete turn-key bed & breakfast and event venue business. Included in the sale are all current appliances, furnishings, art, decor, supplies, and inventory**. You’ll receive all digital assets including website, branding, marketing materials, established property management system/channel manager, business phone & messaging system, workspace (email, docs, storage), customer database, social profiles, and over 500 nearly perfect reviews across TripAdvisor, Google, Facebook, Yelp, Airbnb, Expedia, and Booking.com.
Current innkeepers will provide up to two weeks of on-site training and transition assistance, if desired, post closing.
Deposits for future room reservations and events will be transferred at closing.
* Alabama liquor licenses are non-transferable. Existing owners will advise in the process of obtaining a new license if buyers want to continue licensed alcohol sales.
** There are a very small number of the current innkeepers personally owned items within the main building that are not included in the sale. The separate Carriage House is used as innkeepers quarters and most property in that building is private. Some business property is stored in that building. A complete inventory of what comes with the purchase is available.
Topeka, Kansas
Tionesta, Pennsylvania
Glens Falls, New York