175 Bridge Rd, Salisbury, MA 01952
Local realty services provided by:CENTURY 21 Cityside
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, sean bakhtiari
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:March 11, 2026 at 10:53 AM
Rooms and interior
- Bedrooms:20
- Total bathrooms:22
- Full bathrooms:19
- Half bathrooms:3
- Rooms Total:20
- Living area:21,319 sq. ft.
Structure and exterior
- Year built:1960
- Building area:21,319 sq. ft.
- Lot area:0.9 Acres
- Lot Features:Corner Lot
- Construction Materials:Frame
- Exterior Features:Deck
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,999,000
- Price per sq. ft.:$234.49
- Tax amount:$25,729 (2025)
Parking
- Total parking spaces:60
- Parking description:Deeded, Off Street, Paved, Paved Drive
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