Salisbury, MA 01952,175 Bridge Rd
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Salisbury, MA 01952,175 Bridge Rd
Salisbury, MA 01952,175 Bridge Rd
Salisbury, MA 01952,175 Bridge Rd
Salisbury, MA 01952,175 Bridge Rd
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$ 4,999,000
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175 Bridge Rd Salisbury, MA 01952

0.9 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73437515

HOA Y/N false

Year Built 1960

Annual Tax Amount $25,729

Tax Year 2025

Lot Size 0.900 Acres

Acres 0.9

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.

Location

State MA

County Essex

Zoning C

Direction Conveniently located directly off of Route 1 and Bridge Road.

Exterior

Utilities Available Public Water, Public Sewer, Natural Gas Available

Roof Type Rubber

Total Parking Spaces 120

Others

Senior Community false


Listed by Compass
Lisa Sevajian

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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175 Bridge Rd