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741 & 747 ocean boulevard

Rye, NH 03870

$4,650,000

6,908 SQFT1.51 AC LOT
Commercial
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Square Feet 6908
Acreage 1.52
Status Active
MLS # 5034818
County Rockingham
More Info
Category Commercial
Status Active
Square Feet 6908
Acreage 1.52
MLS # 5034818
County Rockingham
Listed By: Listing Agent Sean Bakhtiari
Compass New England, LLC
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 not available

Exterior Features

  • Garage No
  • Garage Description Parking Spaces 21+
  • Water Public
  • Sewer Private

Interior Features

  • Heating Electric, Hot Water, Wall Units, Oil
  • Cooling Wall AC Units
  • Basement Storage Space
  • Living Area 6,908 SQFT
  • Year Built 1960

Financial Information

  • Zoning Business

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Compass New England, LLC
Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 04/26/2025.
Listing data is current as of 04/26/2025.

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