Turnkey Brewery and
232 Rantoul St, Beverly, MA 01915
For Sale
$1,375,000
Pending
Operational brewery and taproom with on-site equipment in Central Commercial zoning near commuter rail and major roads.
Property Size3,982 SF
Days on Market158
Property Features for 232 Rantoul St
General Information
Standard status
Size
Total Parking Spaces
Zoning
Additional Details
Business Included
Highway Access
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Churchill Properties
Listed By:
Samuel Gifford
(781) 307-0228
Source:
413realestate
Added: Jun 5
Changed: Nov 2
Last Checked: Nov 8 at 3:12AM
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
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Investment Insights
Based on property information with market context.
This offering includes 232 Rantoul St along with an existing, fully operational brewery and taproom setup. The space is described as approximately 4,000 +/- square feet and is laid out to support restaurant/bar service and production on-site. The package is positioned as turnkey, with a modern brewing system, customer-facing areas, and all associated equipment included for immediate brewing and service.
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.
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.
Key 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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,604
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,472,080
$1.5M
Cap Rate 7%
$1,051,486
$1.1M
Cap Rate 9%
$817,822
$817.8K
Market Conditions
NOI Build-Up for 3,982 SF
Gross rent
$100.3K $25.20/SF
− Vacancy
−$2.2K −$0.55/SF
EGI
$98.1K $24.65/SF
− OpEx
−$24.5K −$6.16/SF
NOI
$73.6K $18.48/SF
Area
Essex County, MA
Vacancy
2.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,472,080
Cap Rate 7%
$1,051,486
Cap Rate 9%
$817,822
Alternative Uses
Best Use
Specialty Retail
$1.05M
$920.1K – $1.23M
NOI $73,604 @ 7.0% cap · market cap 5.35%
Second Best
Industrial
$608.3K
$532.3K – $709.7K
NOI $42,580 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $165,013 @ 7.0% cap · market cap 12.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,423
Businesses Nearby
Explore this area
Business Placement
Demographics for 01915, MA
42,341
Population
17,318
Households
2.4
Avg Household Size
40
Median Age
51%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,982
Density / Sq Mi
$102,347
Median Household Income
$57,989
Median Earnings
$1,684
Median Rent
$619,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Brewery - Operational brewery and taproom with on-site equipment in Central Commercial zoning near commuter rail and major roads.
Where is this brewery located?
The property is located at 232 Rantoul St Beverly, MA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 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
