Skip main navigation
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
    : 
    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
    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.
    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#: 5034824MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 741 & 747 Ocean Boulevard.

    Next available tour time:Today at 3:30pm

    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
    • Loading
    • Loading