49 Broadway

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A rare opportunity to own and operate one of Rockport’s most beloved hospitality properties, or create an exceptional coastal home with income potential. The Addison Choate has long been a staple of this picturesque seaside community, offering the perfect blend of historic New England charm and modern comfort. Thoughtfully renovated in recent years, the property features seven beautifully appointed bedrooms, each with its own ensuite bath, along with refreshed common spaces, a spacious kitchen, an attached apartment, and modern systems and appliances throughout. Currently operating as a successful boutique inn, the property offers an incoming owner the opportunity to step into an established hospitality business with existing operating infrastructure already in place. Alternatively, its flexible layout creates an exceptional opportunity for use as a private residence with income-producing guest accommodations. Ideally located just a short walk from downtown Rockport, beaches, shops, galleries, restaurants, and the Shalin Liu Performance Center, guests and residents alike can enjoy all that Rockport has to offer without ever needing their car. With ample off-street parking and a history of successful hospitality use, this turnkey property offers remarkable flexibility in one of Cape Ann’s most sought-after destinations.