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    Brewery and Taproom in Beverly

    232 Rantoul St Beverly Beverly, MA 01915

    Claim this Listing
    For Sale
    $1,375,000

    Turnkey brewery and taproom in downtown Beverly, Massachusetts.

    Property size:
    3,982 SF
    Price / SF:
    $345.30/SF
    Added:
    May 15, 2026
    Days on Market:
    61
    Last Refresh:
    Jun 29 at 8:23 pm

    Property Features for 232 Rantoul St Beverly

    General Information

    Standard status
    Active
    Size
    3,982 SF

    Building Details

    Year Built
    1923

    Listing office

    Listing date May 15, 2026

    Source Milestonerealtyinc

    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 Brian DaSilva

    Investment Insights

    Based on property information with market context.

    Located in downtown Beverly, Massachusetts, this property offers a turnkey brewery and taproom experience. The property, situated at 232 Rantoul St, includes the existing business (Old Planters Brewing) and all associated equipment. The space is zoned Central Commercial and comprises approximately 4,000 square feet, suitable for a restaurant or bar. The location provides close proximity to the Beverly Depot commuter rail station, easy access to highways, and high traffic flow on the main road. The property size is 3,982 square feet. The seller will also consider selling the real estate only without the business and business assets.

    Key Highlights

    • Prime location in downtown Beverly, MA.
    • Turnkey brewery and taproom with all equipment included.
    • 4,000 +/- square feet of space zoned for restaurant/bar use.

    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
    3,982 SF · lease $25.20/SF/yr · vacancy 2.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.05M
    $920.1K – $1.23M (±1% cap)
    NOI $73,604 @ 7.0% cap · market cap 5.35%
    Second Best
    Industrial
    $605.1K
    $529.5K – $705.9K (±1% cap)
    NOI $42,356 @ 7.0% cap · market cap 3.08%
    Theoretical Best
    Office A
    $2.36M
    $2.06M – $2.75M (±1% cap)
    NOI $165,013 @ 7.0% cap · market cap 12.00%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

    Parking Lot & Garage Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home

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

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    Similar Off Market Nearby

    • Lucky Dog — 129 Cabot St, Beverly, MA 01915
    • Anchor Pub & Grille — 20 Cabot St, Beverly, MA 01915
    • Toscana Bar Italiano — 90 Rantoul St, Beverly, MA 01915
    • Franco American Club Functions — 44 Park St, Beverly, MA 01915
    • Old Planters Brewing Co. — 232 Rantoul St, Beverly, MA 01915

    FAQs

    What type of property is this?
    Bar & Pub - Turnkey brewery and taproom in downtown Beverly, Massachusetts.
    Where is this bar & pub located?
    The property is located at 232 Rantoul St Beverly 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: Prime location in downtown Beverly, MA.; Turnkey brewery and taproom with all equipment included.; 4,000 +/- square feet of space zoned for restaurant/bar use.
    Contact an agent
    (508) 501-1443
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    Brian DaSilva
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