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.
Lot & Building Features
UtilitiesCable - At Site
ConstructionWood Frame
CoolingWall AC Units
HeatingElectric, Wall Units, Oil, Hot Water
Parking DescriptionParking Spaces 21+
SewerPrivate
Tax Year2024
Taxes Paid$17,123
WaterPublic
Basement DescriptionBulkhead
FoundationPoured Concrete, Slab - Concrete
Lot DescriptionLandscaped, Water View
RoofShingle - Asphalt
GarageNo
Price History of 741 & 747 Ocean Boulevard, Rye, NH
Date
Name
Price
Difference
04/03/2025
Listing Price
$4,650,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
741 & 747 Ocean Boulevard (MLS #5034824) is a hotel multi-family listing located in Rye, NH.
This multi-family listing is 6,684 sqft and on a lot of 66,211 sqft (or 1.52 acres) and is 65 years old. This property was listed on 04/03/2025 and has been priced for sale at $4,650,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information 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 06/14/2025