175 Bridge Rd,Salisbury, MA 01952
Salisbury, MA 01952
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.
Details
| MLS # | 73437514 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1960 |
| Days On Site | 399 |
| Listing Provided By | Compass | The Bakhtiari Group |
Features
| Bed(s) | 20 |
|---|---|
| Bath(s) | 22 Total |
| SQ Feet | 21,319 |
| Story(s) | 3 |
| Units | 18 |
| Zoning | C |
| Acreage | 0.90 |
| Golf Course | Yes |
| Water Front | Yes |
| Property View | Yes |
Interior
| Rooms Total | 20 |
|---|---|
| Fireplaces Total | 2 |
| Fireplace Yes / No | Yes |
Exterior
| Construction Materials | Frame |
|---|---|
| Foundation Details | Concrete Perimeter |
| Lot Features | Corner Lot |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive, Off Street, Deeded, Paved |
| Open Parking Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Annual Amount | 25729 |
|---|---|
| Tax Assessed Value | 2552500 |
| Tax Year | 2025 |
Location
| Community Features | 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 |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Essex |
| City | Salisbury |
| Zip Code | 01952 |
| Area | Essex |
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Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Salisbury |
| Zip Code | 01952 |
| Area | Essex |