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.
Active
Listed by:
Sean Bakhtiari,
Compass New England, LLC 978-248-8081,
Colby Coppage,
Compass New England, LLC
$4,650,000
741 & 747 Ocean Boulevard, Rye, NH 03870
--beds
--baths
6,684sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$4,355,800 Zestimate®
$696/sqft
$-- HOA
What's special
Spacious flat lawnOversized heated poolPoolside cabanaOcean viewPanoramic ocean viewsFull kitchen and bathroom
- 22 days
- on Zillow |
- 2,040 |
- 95 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 12:00pm
Listed by:
Sean Bakhtiari,
Compass New England, LLC 978-248-8081,
Colby Coppage,
Compass New England, LLC
Source: PrimeMLS,MLS#: 5034824

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Full bathrooms: 12
Heating
- Oil, Electric, Hot Water, Wall Units
Cooling
- Wall Unit(s)
Features
- Basement: Bulkhead,Interior Entry
Interior area
- Total structure area: 6,908
- Total interior livable area: 6,684 sqft
- Finished area above ground: 6,684
Property
Parking
- Total spaces: 21
- Parking features: Paved, Parking Spaces 21+
Features
- Levels: One
- Has view: Yes
- View description: Water
- Water view: Water
- Frontage length: Road frontage: 200
Lot
- Size: 1.52 Acres
- Features: Landscaped
Details
- Zoning description: Business
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Concrete Perimeter, Slab - Concrete
- Roof: Shingle - Asphalt
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Public
- Utilities for property: Cable Connected, High Speed Intrnt -AtSite
Community & HOA
Location
- Region: Rye
Financial & listing details
- Price per square foot: $696/sqft
- Annual tax amount: $17,123
- Date on market: 4/3/2025
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