NH > Rye
Rye, NH 03870,741 & 747 Ocean BLVD
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Rye, NH 03870,741 & 747 Ocean BLVD
Rye, NH 03870,741 & 747 Ocean BLVD
Rye, NH 03870,741 & 747 Ocean BLVD
Rye, NH 03870,741 & 747 Ocean BLVD
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Lisa Sevajian

Lisa Sevajian

+1(978) 457-3406
Listed by Sean Bakhtiari • Compass New England, LLC
$ 4,650,000
Est. payment /mo
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Active

741 & 747 Ocean BLVD Rye, NH 03870

6,908 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hospitality

Listing Status Active

Purchase Type For Sale

Square Footage 6,908 sqft

Price per Sqft $673

MLS Listing ID 5034818

Year Built 1960

Annual Tax Amount $17,123

Tax Year 2024

Lot Size 1.520 Acres

Acres 1.52

Property Sub-Type Hospitality

Property Description

A rare opportunity to own this iconic, stylish & lucrative boutique hotel along NH's coveted seacoast. Fully renovated in 2021, The Rye Motor Inn + Swim Shop is a stylish, retro-inspired, 12-unit apart-hotel & retail shop, offering a seamless blend of mid-century charm & modern comfort. This 1960s four-season motor inn features 12 units (7 queen studios, 3 king studios & 2 one-bedroom apartments), each with a full kitchen & bathroom to comfortably to accommodate nightly, short-term, and long-term stays. The property has seen consistent & impressive year-over-year growth offering a unique opportunity to own a proven business or a coastal home (inquire for historical income & expenses). The updated 15-bedroom septic allows room for expansion, w/ plans already approved for an added ocean view 1,000 sq ft 2-bedroom apartment above the retail/office space. The spacious, flat lawn & oversized heated pool w/ panoramic ocean views provide a dreamy setting for micro-weddings, upscale gatherings, private events & additional outdoor amenities for guests. The poolside cabana is plumbed & ready for a catering kitchen or bar setup. Bonus: the onsite boutique, "The Swim Shop", is a prime space for a retail storefront or lease income. Across from the ocean, steps to Odiorne Point State Park & a 10 min drive to downtown Portsmouth & Hampton Beach, this 1.52-acre lot offers flexible use, strong income, & rare coastal charm—an investment w/ lifestyle upside, & value-add potential.

Location

State NH

County Nh-rockingham

Area Nh-Rockingham

Zoning Business

Body of Water Ocean

Rooms

Basement Entrance Interior

Basement Storage Space

Interior

Cooling Wall AC Units

Inclusions Additional Buildings

Exterior

Parking Features Parking Spaces 21+

Garage Description Parking Spaces 21+

Utilities Available Cable - At Site

Waterfront Description Yes

View Y/N Yes

Water Access Desc Yes

View Yes

Building

Sewer Private

PrimeMLS
agent

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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741 & 747 Ocean BLVD

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