175 Bridge Rd, Salisbury, MA 01952

Local realty services provided by:ERA The Castelo Group
175 Bridge Rd,Salisbury, MA 01952
$4,999,000
  • 20 Beds
  • 22 Baths
  • 21,319 sq. ft.
  • Multi-family
  • Active
Listed by:the bakhtiari group
Office:compass
MLS#:73437514
Source:MLSPIN

Price summary

  • Price:$4,999,000
  • Price per sq. ft.:$234.49

About this home

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.

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Home facts

  • Year built:1960
  • Listing ID #:73437514
  • Updated:October 02, 2025 at 10:31 AM

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:22
  • Full bathrooms:19
  • Half bathrooms:3
  • Living area:21,319 sq. ft.

Structure and exterior

  • Year built:1960
  • Building area:21,319 sq. ft.
  • Lot area:0.9 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,999,000
  • Price per sq. ft.:$234.49
  • Tax amount:$25,729 (2025)
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