Rye Motor Inn

741 Ocean Boulevard, Rye, NH 03870

12 Rooms

6,500,000

6,500,000 5,750,000

Under Agreement

Great opportunity on New Hampshire’s Seacoast on 1.5+ acres of land with ocean views and highly visible on Rt 1A in Rye Beach.  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.  The rooms offer seafoam green SMEG refrigerators, pink tiles and retro furnishings in all rooms. The motor lodge has shown broad appeal throughout the seasons. Offering 7 queen studio apartments, 3 king studio apartments and 2 1-bedroom bungalows all with kitchens allowing flexibility for longer stays. Approvals are in place add a 1000 sq ft, 2-bedroom apartment above the retail/office space. Ability to add a 15th bedroom 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 office is set in the popular summer retail store, The Swim Shop, that has a steady flow of shoppers.  All this is just a walk across Ocean Boulevard to the ocean.   The property could be ideal for the resident owner operator with the addition of the 2-bedroom apartment or as part of a portfolio of hospitality properties. Or re-imagine this rare 1.52 ac. ocean view parcel.

Rye Motor Inn
Rye Motor Inn
Rye Motor Inn
Rye Motor Inn
Rye Motor Inn
Rye Motor Inn
Rye Motor Inn
  • Rooms:

    12

  • Room Sizes:

    7 queen studios, 3 King studios, 2 1-bedroom bungalows

  • Guest Room Baths:

    Retro tile with heated floors

  • Land Area:

    1.52+/- Acres

  • Property Layout/Config:

    Two buildings

  • Construction:

    Concrete block, Bungalows wood frame

  • Elevator:

    None

  • Electric:

    Eversource

  • Fire Protection:

    Smoke and Carbon Dioxide detectors

  • Key System:

    Keys

  • Interior/Exterior Corridors:

    Exterior

  • Hot Water:

    Electric

  • Laundry:

    On site

  • HVAC:

    A/C in wall units, Ductless splits, Bungalow w/central air and forced hot water oil fired

  • Water/Sewer:

    Town water/Septic

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  • Seasonal heated pool
  • The Swim Shop
  • Grill
  • Contactless check-in and out
  • Air conditioning
  • Serta Presidential Pillowtop mattresses
  • Malin & Goetz amenities
  • High speed WIFI
  • Large HDTV's
  • Coffee makers
  • Seafoam green SMEG refrigerators
  • Contactless check in-check out
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