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    103 Main St Essex, MA 01929

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    For Sale
    $6,500,000

    Two buildings with frontage on the Essex River.

    Property size:
    13,297 SF

    Property Features for 103 Main St

    General Information

    Standard status
    Active
    Size
    13,297 SF

    Building Details

    Year built
    2021

    Source: Essex Realty Group Agent Richard Tomaiolo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brewery and Restaurant on Essex River

    The property includes two buildings located at 99 Main Street and 103 Main Street, encompassing almost 1.8 acres of total land with frontage on the Essex River. It is suitable for extensive public use. The property is constructed from high-quality materials for durability. The second floor features a 235-seat restaurant and a fully equipped kitchen. The upstairs bar is over 50 feet long. The property offers views of the Essex River, Great Marsh, and Castle Neck. The property is a major brewery operation functioning as a bottling and canning factory, ready for operation, with a first-level tap room with a large bar. All fixtures and equipment are first-rate. The property has a total building capacity of 285 persons and a property size of 13297 square feet. It includes freezer and refrigeration capacity to accommodate the size of the facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Breweries

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.7763125
    Latitude
    42.6310164

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    FAQs

    What type of property is this?
    Brewery - Two buildings with frontage on the Essex River.
    Where is this brewery located?
    The property is located at 103 Main St Essex, MA.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - Fully operational brewery with bottling and canning capabilities, ready for immediate profit generation.; - High-capacity restaurant (235 seats) with a fully equipped, nearly new kitchen and a 50+ foot bar.; - Constructed in 2021 with high-quality materials for durability and extensive public use.
    (978) 857-6421
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    103 Main St Essex, MA 01929
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    Essex, MA 01929
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103 Main St Essex, MA 01929
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