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A rare opportunity to acquire one of Pittsfield's most established and recognizable cocktail destinations. For more than a decade, Methuselah Bar & Lounge has served as a neighborhood gathering place known for its craft cocktails, themed events, live entertainment, and a loyal following.
The sale includes a fully operational, turnkey business with an extensive inventory of owned equipment, transferable liquor license, a built-out bar, prep kitchen, walk-in cooler, commercial refrigeration, sound system, and POS infrastructure. Originally transformed from a nearly empty space through a substantial investment , the venue offers an inviting atmosphere that has become a fixture of Pittsfield's nightlife scene. Adding to the appeal is the inclusion of the adjacent commercial space at 393 North Street. Currently vacant, the space presents a compelling opportunity for additional income, expansion, private events, gallery use, or a complementary business concept. Potential rental income from the adjoining space may significantly offset occupancy costs.
The business benefits from a long-term lease extending through 2029 with two five-year renewal options, providing stability and flexibility for future growth.
Whether you're an experienced hospitality operator, entrepreneur, or investor seeking an established brand with proven community support, Methuselah Bar & Lounge offers a unique opportunity to step into an iconic Pittsfield venue with multiple avenues for expansion and increased profitability.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$168,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $134,400 | $134,400 | $134,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.603% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $805 | $849 | $1,116 |
| Total Monthly Payment | $880 | $924 | $1,191 |
* 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.