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Cape Ann Waterfront Restaurant & Brewery 99-103 Main St 13,297 SF Retail Building Essex, MA 01929 For Sale
INVESTMENT HIGHLIGHTS
- Fully equipped restaurant and brewery complex
- Adjacent parcel with expansion potential
- Constructed between 2017-2019 to the highest standards
EXECUTIVE SUMMARY
Accepting Offers!
Great Marsh Brewing Company, at 99 & 103 Main Street in Essex, Massachusetts, is a rare opportunity to acquire a fully equipped restaurant and brewery complex on Cape Ann. Constructed between 2017-2019 to the highest standards, the property combines a premier dining venue, a modern production brewery, and an adjacent parcel with expansion potential.
The centerpiece is an 11,799 sq. ft. two-story building featuring a 223-seat restaurant with floor-to-ceiling windows, a full commercial kitchen, expansive bar, and an outdoor deck with 270-degree views of the Essex River and surrounding marshes. The first level houses a 30hl BrauKon brewhouse with production, canning, refrigerated storage, and a taproom designed for direct customer engagement.
At 103 Main Street, a 1,498 sq. ft. building, with a marsh-side beer garden, was partially renovated and a new outdoor patio/dining area was constructed in 2022. With over an acre of land, this parcel offers exciting opportunities for expanded dining, events, brewery operations, or third-party rental income.
Together, the properties total 13,297 sq. ft. on 1.8 acres, with 52 striped surface parking spaces and extensive infrastructure built for food and beverage use. All furniture, fixtures, and equipment (FF&E) convey with the sale, providing a turnkey foundation for continued restaurant and brewery operations.
Situated in downtown Essex, a North Shore destination celebrated for seafood, antiques, and year-round tourism, the property benefits from strong visitor traffic and proximity to Route 128, Ipswich, Gloucester, and Manchester-by-the-Sea.
Michael B. Carey - MA #AU3188 | Samantha S. Kelley - MA RE Lic. 134740
PREVIEWS: Interested parties will be notified when scheduled.
TERMS: Deposit: High bidder to deliver an initial deposit of $50,000 due within twenty-four (24) hours of the conclusion of the auction. Deposit shall be increased to an amount equal to ten percent (10%) of the total purchase price (high bid + buyer’s premium) within five (5) days of seller’s acceptance. Buyer's Premium: Seven Percent (7%). Closing: Within 45 days of auction. Buyer may elect to extend closing by an additional fifteen (15) days with a non-refundable deposit of $25,000. Sold in As-Is condition, no contingencies. Sale subject to Terms and Conditions - see bidder's information package. Broker participation welcome - please call for details.
BUYER’S PREMIUM: Seven Percent (7.0%) of the High Bid
BROKERS: Two Percent (2.0%)
Great Marsh Brewing Company, at 99 & 103 Main Street in Essex, Massachusetts, is a rare opportunity to acquire a fully equipped restaurant and brewery complex on Cape Ann. Constructed between 2017-2019 to the highest standards, the property combines a premier dining venue, a modern production brewery, and an adjacent parcel with expansion potential.
The centerpiece is an 11,799 sq. ft. two-story building featuring a 223-seat restaurant with floor-to-ceiling windows, a full commercial kitchen, expansive bar, and an outdoor deck with 270-degree views of the Essex River and surrounding marshes. The first level houses a 30hl BrauKon brewhouse with production, canning, refrigerated storage, and a taproom designed for direct customer engagement.
At 103 Main Street, a 1,498 sq. ft. building, with a marsh-side beer garden, was partially renovated and a new outdoor patio/dining area was constructed in 2022. With over an acre of land, this parcel offers exciting opportunities for expanded dining, events, brewery operations, or third-party rental income.
Together, the properties total 13,297 sq. ft. on 1.8 acres, with 52 striped surface parking spaces and extensive infrastructure built for food and beverage use. All furniture, fixtures, and equipment (FF&E) convey with the sale, providing a turnkey foundation for continued restaurant and brewery operations.
Situated in downtown Essex, a North Shore destination celebrated for seafood, antiques, and year-round tourism, the property benefits from strong visitor traffic and proximity to Route 128, Ipswich, Gloucester, and Manchester-by-the-Sea.
Michael B. Carey - MA #AU3188 | Samantha S. Kelley - MA RE Lic. 134740
PREVIEWS: Interested parties will be notified when scheduled.
TERMS: Deposit: High bidder to deliver an initial deposit of $50,000 due within twenty-four (24) hours of the conclusion of the auction. Deposit shall be increased to an amount equal to ten percent (10%) of the total purchase price (high bid + buyer’s premium) within five (5) days of seller’s acceptance. Buyer's Premium: Seven Percent (7%). Closing: Within 45 days of auction. Buyer may elect to extend closing by an additional fifteen (15) days with a non-refundable deposit of $25,000. Sold in As-Is condition, no contingencies. Sale subject to Terms and Conditions - see bidder's information package. Broker participation welcome - please call for details.
BUYER’S PREMIUM: Seven Percent (7.0%) of the High Bid
BROKERS: Two Percent (2.0%)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
13,297 SF
Building Class
C
Year Built
2018
Tenancy
Single
Building Height
2 Stories
Building FAR
0.18
Lot Size
1.67 AC
Zoning
C00 - Commercial
Parking
40 Spaces (6.89 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
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Cape Ann Waterfront Restaurant & Brewery | 99-103 Main St
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