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About the Listing AN7000 - TM356376
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.
Listing Highlights
Status
Active
Days on Site
138
Property Type
Commercial Sale
MLS ®
73437515
Year Built
1960
Total Square Footage
0
Lot/Acreage
0.9
County
Essex
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Zoning: Legal Conforming
- Roof: Rubber
- Others:
- Sewer:
Financial Details
- Tax Amount: $25,729
- Taxes w/Assessments: N/A
- Tax/Property ID: M: 7 P: 66,2144819
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
175 Bridge Rd Salisbury, MA 01952
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