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USANHRye741 &Amp; 747 Ocean Boulevard
741 & 747 Ocean Boulevard, Home with 0 bedrooms, 0 bathrooms and null parking in Rye NH | Image 1
741 & 747 Ocean Boulevard, Home with 0 bedrooms, 0 bathrooms and null parking in Rye NH | Image 2
741 & 747 Ocean Boulevard, Home with 0 bedrooms, 0 bathrooms and null parking in Rye NH | Image 3
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$4,570,000
$4,650,000

Sold 3 months ago

741 &Amp; 747 Ocean Boulevard, Rye, NH

Real Estate

Sold

Listed price in listed location currency (USD).
$4,570,000
$4,650,000

Sold 3 months ago

00-0

Buyer represented by Sean Regan of Applevale Realty Inc.

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $17,123
Approx. Age 1960
MLS® Number 5034818

Property Address: 741 &Amp; 747 Ocean Boulevard, Rye, New Hampshire

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number5034818
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1960
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric, Hot Water, Wall Units, Oil, undefined
A/CWall AC Units
Heating Fuel

Extras

Additional Buildings
741 &Amp; 747 Ocean Boulevard, Rye, NH

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