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.
| MLS # | 73437515 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1960 |
| Days On Site | 357 |
| Listing Provided By | Compass | The Bakhtiari Group |
| Zoning | C |
|---|---|
| Acreage | 0.90 |
| Roof | Rubber |
|---|
| Utilities | Public Water, Public Sewer, Natural Gas Available |
|---|
| Tax Annual Amount | 25729 |
|---|---|
| Tax Year | 2025 |
| Senior Community Yes / No | No |
|---|
| State | MA |
|---|---|
| County | Essex |
| City | Salisbury |
| Zip Code | 01952 |
| Area | Essex |
| State | MA |
|---|---|
| County | Essex |
| City | Salisbury |
| Zip Code | 01952 |
| Area | Essex |
![]() | $4,899,000175 Bridge RdSalisbury, MA 01952 |