Discover a rare coastal investment opportunity—a renovated 18-unit boutique hotel w/ Merrimack River views, PLUS a ~10,000sqft restaurant/event venue. Located on Rings Island, this asset has a unique edge in a high-demand, limited-supply market where Newburyport’s STR regulations have constrained inventory, and benefits from an extensive $2M+ renovation in 2016. With professional management in place since May 2025, summer revenues surged ~88% YoY. Hotel guests enjoy walkability to downtown Newburyport & close proximately to Salisbury Beach. The hotel (Guest House Suites) features 3 Two Bedroom Suites, 2 Junior King Suites, 5 Large King Studios, 3 Standard King Studios & 5 Double Queen Studios. The restaurant (The Slip) provides a variety of options—operate existing restaurant, lease to a new owner, convert to high-end suites (w/ town approvals), etc. The property could be delivered fully furnished/equipped. This is a legacy asset where lifestyle, hospitality, & investment intersect.
21,319 Sq Ft
0.9 Частные акры Размер партии
инвестиции
2 144 $ Ежемесячный налог
Встроенный 1960
MLS/Идентификатор объявления 73437514
3 Истории
18 Единицы
Community - Stable(s)
Community - Walk/Jog Trails
Community - Park
Community - Tennis Courts
Community - Shopping
Community - Public Transportation
Public Sewer
Public Water
Scenic View
Палуба
Parking - Paved
Parking - Deeded
Parking - Off Street
Lot - Corner Lot
Бетонный периметр
Construction - Frame
Community - Public School
Community - Private School
Community - Marina
Community - House of Worship
Community - Highway Access
Community - Bike Path
Community - Laundromat
Community - Medical Facility
Community - Golf
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