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Guest House Suites & The Slip Lounge 175 Bridge Rd 18 Room Hotel Salisbury, MA 01952 $4,999,000 ($277,722/Room)
Investment Highlights
- Waterfront views of Merrimack River
- High visibility from both sides of the bridge
Executive Summary
Discover a rare New England coastal investment opportunity—a fully renovated 18-unit boutique hotel with 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 also benefits from an extensive $2M+ renovation in 2016. With professional management in place since May 2025, summer revenues have surged ~88% YoY. Hotel guests enjoy walkability to vibrant downtown Newburyport and close proximately to Salisbury Beach and Hampton Beach. The hotel (Guest House Suites) features 3 "Two Bedroom Suites", 2 "Junior King Suites", 5 "Large King Studios", 3 "Standard King Studios" and 5 "Double Queen Studios", while the restaurant (The Slip) provides a variety of options—continue to operate the existing restaurant, lease out to a new restaurant owner, convert to high-end suites or condos (w/ town approvals), use as a wedding or large event space, etc. Both the hotel and the restaurant could be delivered fully furnished/equipped. This is a legacy asset—in a coveted location—where lifestyle, hospitality and investment intersect.
Property Facts
| Price | $4,999,000 | Building Size | 37,298 SF |
| Price Per Room | $277,722 | No. Rooms | 18 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1960/2016 |
| Property Subtype | Hotel | Parking Ratio | 1.61/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 0.90 AC | ||
| Zoning | C - Commercial | ||
| Price | $4,999,000 |
| Price Per Room | $277,722 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.90 AC |
| Building Size | 37,298 SF |
| No. Rooms | 18 |
| No. Stories | 3 |
| Year Built/Renovated | 1960/2016 |
| Parking Ratio | 1.61/1,000 SF |
| Corridor | Exterior |
| Zoning | C - Commercial |
Amenities
- Restaurant
- Wedding Venue
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 5 | $462.00 | - |
| Guest Room | 13 | $255.00 | - |
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Property Taxes
| Parcel Number | SALI-000007-000000-000066 | Improvements Assessment | $2,129,300 |
| Land Assessment | $423,200 | Total Assessment | $2,552,500 |
Property Taxes
Parcel Number
SALI-000007-000000-000066
Land Assessment
$423,200
Improvements Assessment
$2,129,300
Total Assessment
$2,552,500
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Guest House Suites & The Slip Lounge | 175 Bridge Rd
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