NH > Rye
Rye, NH 03870,1191 - 1193 Ocean BLVD
Rye, NH 03870,1191 - 1193 Ocean BLVD
Rye, NH 03870,1191 - 1193 Ocean BLVD
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Listed by Brett Mulvey • Tate & Foss Sotheby's International Rlty
$4,500,000
Est. payment /mo
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6 Beds
6 Baths
4,847 SqFt
Active

1191 - 1193 Ocean BLVD Rye, NH 03870

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Molly Smith

Molly Smith

+1(508) 980-9042

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,847 sqft

Price per Sqft $928

MLS Listing ID 5057766

Bedrooms 6

Full Baths 6

Construction Status Existing

Year Built 1958

Annual Tax Amount $8,188

Tax Year 2024

Lot Size 0.880 Acres

Acres 0.88

Property Description

An exceptional investment opportunity along Rye's Ocean Boulevard—just moments from Wallis Sands Beach. This rare offering features five residential units plus a seasonal restaurant, combining strong rental income with long-term redevelopment potential in one of the Seacoast's most desirable coastal settings. 1193 Ocean Boulevard includes two 1BR/1BA apartments on the first floor and a spacious 3BR residence on the second floor. 1191 Ocean Boulevard offers a first-floor studio apartment along with a well-established seasonal restaurant and bar featuring indoor dining, outdoor seating, a takeout window, and ample parking. Together, the properties deliver versatility, steady cash flow, and exciting upside. With direct marsh frontage, ocean breezes, and the sound of waves just steps away, this property embodies the coastal lifestyle tenants and guests are drawn to. Investors may continue operations as-is, expand residential offerings, or redevelop the parcels into luxury condominiums, multifamily residences, or even a signature single-family estate. A rare chance to secure prime coastal real estate with scale, flexibility, and location—all within walking distance to the sand, surf, and sunsets of Wallis Sands Beach. All units currently rented. Please do not solicit information on site.

Location

State NH

County Nh-rockingham

Area Nh-Rockingham

Zoning BUS, RES, MDL

Interior

Cooling None

Exterior

Utilities Available Cable

Waterfront Description No

View Y/N No

View No

Roof Type Asphalt Shingle

Building

Story 2

Sewer Private

Architectural Style Apartment Building, Single Level

Construction Status Existing

Schools

Elementary Schools Rye Elementary School

Middle Schools Rye Junior High School

High Schools Portsmouth High School

School District Greenland Sch District Sau #50

PrimeMLS

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Molly Smith

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+1(508) 980-9042

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1191 - 1193 Ocean BLVD

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