232 Rantoul St, Beverly, MA 01915
Operational brewery and taproom with on-site equipment in Central Commercial zoning near commuter rail and major roads.
- Added:
- Jun 5, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 8 at 1:31 am
Property Features for 232 Rantoul St
General Information
- Standard status
- Active
- Size
- 3,982 SF
Building Details
- Year Built
- 1923
Listing agent Samuel Gifford
Listing office Churchill Properties
Listing date Jun 5, 2026
Source 413realestate
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 Churchill Properties
HighLights
- Central Commercial zoning—real estate sale at 232 Rantoul St with approx. 4,000 +/- SF described as restaurant/bar space
- Fully operational brewery and taproom with a modern brewing system for immediate production and service
- Includes on‑site equipment needed for brewery and taproom operations
- Located in downtown Beverly with close proximity to Beverly Depot commuter rail station and easy highway access
- Seller will consider selling real estate only without the business and business assets
- Real estate can be combined with the business opportunity listed at MLS # 73414041
Overview
The property is in downtown Beverly and is listed under Central Commercial zoning. It is described as being close to the Beverly Depot commuter rail station, with easy access to highways and frontage on a highly trafficked main road.
For buyers looking for an operating craft beverage concept, this configuration offers the real estate along with the brewery business and equipment already on-site. The seller will also consider a sale of the real estate only without the business and business assets, or buyers may combine the real estate with the separate business opportunity listed at MLS #73414041.
Local Financial Insights For Specialty Retail
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 | $100.3k | $25.20 |
| − Vacancy | −$2.2k | −$0.55 |
| EGI | $98.1k | $24.65 |
| − OpEx | −$24.5k | −$6.16 |
| NOI | $73.6k | $18.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Beverly
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.884086
- Latitude
- 42.5492105
