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Presented by
John Turco |
New Price is for Real Estate Only, can be combined with Business Opportunity listed at MLS # 73414041. Step into one of the North Shore's most recognizable craft brewing establishments, located in the vibrant heart of downtown Beverly, Massachusetts. Old Planters Brewing Co. offers a fully operational, turnkey brewery and taproom experience – complete with a modern brewing system, polished customer-facing space, and all the equipment needed for immediate production and service. Available for sale is 232 Rantoul St along with existing business (Old Planters brewing) and all associated equipment located on-site. Central Commercial zoned business with roughly 4, 000 +/- square feet of space described as restaurant/bar. Great location with close proximity to Beverly Depot commuter rail station, easy access to highways, and highly trafficked main road. Seller will also consider selling real estate only without the business and business assets.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,375,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 239.210.8888
John.Turco@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,100,000 | $1,100,000 | $1,100,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.164% |
| Monthly Tax Payment | $1,255 | $1,255 | $1,255 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,246 | $6,684 | $9,282 |
| Total Monthly Payment | $7,626 | $8,064 | $10,662 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.