• $4,899,000List Price
  • 20Bedrooms
  • 22Bathrooms
  • 0.9Acreage
  • 1960Year Built
  • 21,319Square Feet

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.

More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $79,200
  • Lot Features Corner Lot
  • Mls StatusUnder Agreement
  • Parcel Number M: 7 P: 66,2144819

Location

  • Address175 Bridge Road
  • Building Number175
  • CountyEssex
  • StateMA
  • StreetBridge Road
  • TownSalisbury
  • Zip01952

Property Information

  • Building Area Source Public Records
  • Living Area 21,319
  • Lot Size Square Feet 39,282
  • Lot Size Units Acres
  • Square Feet21,319
  • View YN Yes

Water Body

  • Waterfront Features Unknown To Beach

Other

  • Date Listed09/30/2025
  • Farm Land Area Units Square Feet
  • View Count5

Tax Information

  • Tax Assessed Value $2,552,500
  • Tax Year 2025
  • Taxes$25,729

Rooms

  • Bathroom22
  • Bathrooms Total Decimal 20.5
  • Bedrooms20
  • Full Bath19
  • Half Baths3

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplaces Total 2
  • FoundationConcrete Perimeter
  • Levels 3
  • Patio And Porch Features Deck
  • Rooms20
  • Stories3
  • Units18
  • Year Built1960
  • Year Built Details Actual
  • Year Built Source Public Records

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Deeded, Paved
  • Parking Spaces60

Basic Information

  • List Price$4,899,000
  • MLS Number73437514
  • Modification Date04/07/2026
  • Property SubType5+ Family - Rooming House
  • Purchase Contract Date03/23/2026

Property

  • Acreage0.9

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

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

Map Location

Driving Directions

Listed by The Bakhtiari Group of Compass

Salisbury, MA Demographics

There is no data available

Salisbury, MA Real Estate Market Data

There is no data available

Salisbury, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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