$4,999,000 ($234.49 per sqft)

Est. Mortgage $23,977/mo *

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175 Bridge Rd, Salisbury, MA, 01952

175 Bridge Rd, Salisbury, MA, 01952
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20 rooms

20 beds

19 Full / 3 Half baths

1960

21,319 sqft

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.

Status:

Active

Type:

Multi-family

Units:

18

Zoning:

C

Levels:

3

Parking:

60-car, Paved Drive, Off Street, Deeded, Paved

Acreage:

0.9

Est. Taxes:

$25,729

Assessment

$2,552,500

Construction

Frame

Lot Description:

Corner Lot

View Description:

Scenic View(s)

Amenities:

Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School

MLS #:

73437514

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of The Bakhtiari Group, Compass 978-248-8081