175 Bridge Rd, Salisbury, MA 01952
Listing Courtesy of : The Bakhtiari Group ---- Compass
- $4,899,000
- 20
- BD
- 22
- BA
- 21,319
- SqFt
- List Price
- $4,899,000
- Price Change
- ▼ $100,000 1773793272
- Status
- UNDER AGREEMENT
- MLS#
- 73437514
- Bedrooms
- 20
- Bathrooms
- 22
- Full Baths
- 19
- Half Baths
- 3
- Living Area
- 21,319
- Lot Size (Acres)
- 0.9
- Year Built
- 1960
Property Description
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.
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Additional Information
- Taxes
- $25,729
- Parking Description
- Paved Drive, Off Street, Deeded, Paved
- Parking Features
- Paved Drive, Off Street, Deeded, Paved
- Parking Spaces
- 60
- Water Source
- Public
- Lot Description
- Corner Lot
- View
- Scenic View(s)
- Water
- Public
- Sewer
- Public Sewer
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