Salisbury, MA175 Bridge Road
Price$4,899,000
Est. Mortgage: $/month
MLS Number 73437514
- MultiFamily
- Bedrooms 20
- Bathroom 22
- Square Feet 21,319
- Parking Spaces 60
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.
Listed by The Bakhtiari Group and Sean Bakhtiari of Compass
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| Price | Down Payment | Interest Rate | Years |
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Est. Mortgage: $/month
Federal 30-year interest rate: 6.65% last updated on 2026-08-20
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.


