Commercial for Sale: 741 & 747 Ocean Boulevard, Rye, NH 03870

$4,950,000
$4,950,000
741 & 747 Ocean Boulevard, Rye, NH 03870
$4,950,000
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Price:
$4,950,000

Type Commercial
Lot Size 1.52 acres
Taxes Paid $17,123

City Rye
County Rockingham

MLS 5026023
Status Active
DOM 2 days
This 1950s 4-season motor inn underwent a complete, historically sensitive renovation in 2021. Completely modernized for today's traveler while reintroducing the on-trend, retro-themed decor, this unique property is poised for continued growth. Offering 12 studio and 1-bedroom units over two structures, these apartment-style rooms provide the flexibility for longer stays as each has its own full kitchen and bathroom. Current ownership operates as a limited service apart-hotel model with year over year growth since opening in 2021. Approvals are in place add a 1000 sq ft, 2-bedroom apartment above the retail/office space. Ability to add a 15thbedroom on property is viable. The oversized, heated pool with spacious deck and bold views to the Isles of Shoals is an ideal for setting for small events. The large, flat yard can accommodate tents, a perfect setting for popular micro-weddings of 30 or less guests. The poolside cabana with bathroom has been designed to accommodate a commercial caterer’s kitchen/bar for event purposes. The property also includes a petite retail/office space that houses the popular boutique: The Swim Shop. Continue to operate this seasonal retail component or lease for additional income. Set across Ocean Boulevard from the ocean and a short walk to Odiorne State Park. The property could be ideal for the resident owner operator with the addition of the 2-bedroom apartment or as part of a portfolio model. Or re-imagine this rare 1.52 ac. ocean view parcel.

Lot & Building Features

Utilities Cable - At Site
Sewer Private
Tax Year 2024
Taxes Paid $17,123
Water Public Water - On-Site
Basement Description Concrete, Walkout, Stairs - Interior, Interior Access, Crawl Space, Concrete Floor
Lot Description Water View

Price History of 741 & 747 Ocean Boulevard, Rye, NH

Date Name Price Difference
01/07/2025 Listing Price $4,950,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 741 & 747 Ocean Boulevard, Rye, NH

Location Map Street View
Photo of Kevin Garrabrant
Direct: 603-333-3353
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Jim Doucette Real Estate, LLC, James Doucette jdoucet@worldpath.net
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741 & 747 Ocean Boulevard (MLS #5026023) is a commercial listing located in Rye, NH. This is a commercial listing with a lot of 66,211 sqft (or 1.52 acres). This property was listed on 01/08/2025 and has been priced for sale at $4,950,000.

Nearby zip codes are 03801, 03871, 03904 5539, 03904 and 03905. This property neighbors other cities such as Eliot, Kittery, Newington, North Hampton and Portsmouth.

PrimeMLS

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.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Jim Doucette Real Estate, 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 01/09/2025