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Financial
Distress signals
Property profile

232 Rantoul St Beverly, MA 01915

FOR SALE
Turn key restaurants
Property ID
US38-1620064
3,982 SF 0.12 ac lot Built 1923
Last sale Oct 2018 · $590,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is located in downtown Beverly, Massachusetts, at 232 Rantoul St, within a Central Commercial zoning district. The building contains approximately 3,982–4,000 square feet of interior space configured as a brewery and taproom, with existing brewery/taproom equipment and the operational business conveyed as part of the premises. The space is suitable for use as a restaurant or bar, and it is positioned near the Beverly Depot commuter rail station with convenient highway access and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$651k
Assessed land$339k
Assessed improvement$312k
Effective rate2.19%

Value estimate

· Oct 2026
$385k
$347k – $424k
AI approach$385k
NOI build-up
Gross scheduled income$100k
Vacancy & credit loss−$2k
Operating expenses−$25k
NOI · 3.88% cap applied$74k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$345/SF
County average, outlier-cleaned · 127 recorded sales of this use type
Observed band · Q1–Q3$175 – $532
Qualifying comparables7

Cap rate analysis

How does the asset earn?
3.88%
$74k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CC
In CC District, 55 feet when "RHD" is the abutting residential district. In CC2 subdistrict, 45 feet with no more than four stories. In b...
General categoryCOMMERCIAL
JurisdictionBEVERLY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.8
Grocery Store10.6
Food Market10.5

Location

232 Rantoul St Beverly, MA 01915
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
272 Rantoul, Beverly, MA 01915-5712 $840,000 Jul 2025 2,482 SF
48 Park, Beverly, MA 01915-4217 $895,000 Oct 2024 5,896 SF
44th Dodge, Beverly, MA 01915-1760 $1,800,000 May 2023 4,242 SF
282 Rantoul, Beverly, MA 01915-4328 $995,000 Feb 2021 4,320 SF
397 Cabot, Beverly, MA 01915-3103 $190,000 Sep 2020 2,968 SF
16 Dodge, Beverly, MA 01915-1704 $890,000 Jan 2020 2,654 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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