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.
- Parking:
- Deeded, Off Street, Paved, Paved Drive
- Construction:
- Frame
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Buyers, and agents to conduct their due diligence in verifying all information herein.
- Garage Parking
- Lead Paint:
- Unknown
- Waterview Features:
- River
- Market Time:
- 64
- Parking Spaces:
- 60
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $234
- Zoning:
- C
- No Units:
- 18
- Orig Price:
- $4,999,000
- Fireplaces:
- 2
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Salisbury
- State:
- MA
- County:
- Essex
- Postal Code:
- 01952
- Longitude:
- W71° 7' 47''
- Latitude:
- N42° 49' 2.5''
Residential Income
175 Bridge Rd, Salisbury, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $4,999,000
- View :
- Scenic View(s)
- Bedrooms :
- 20
- Rooms :
- 20
- Total Bathrooms :
- 20.5
- Full Bathrooms :
- 19
- Half Bathrooms :
- 3
- Square Footage :
- 21,319 Sqft
- Year Built :
- 1960
- Lot Area :
- 0.90 Acre
- Listing ID :
- 73437514
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
