Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

175 Bridge Rd

Salisbury, MA ID #73437514

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175 Bridge Rd

- Salisbury, MA ID #73437514

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - Rooming House
  • Zip Code: 01952
  • Taxes: 25,729
  • Levels: 3
  • Acres: 0.90

Parking

  • Garage Capacity: 60
  • Parking: Paved Drive, Off Street, Deeded, Paved
  • Parking Spaces: 60

Rooms/Dimensions

  • Total Units: 18
  • Total Floors: 3
  • Total Rooms: 20

Location

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of The Bakhtiari Group of Compass. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.