An exceptional investment opportunity along Ryeâ??s Ocean Boulevardâ??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 Seacoastâ??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 locationâ??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.
Rye is located in New Hampshire. Rye, New Hampshire 03870has a population of 5,511. Rye 03870 is more family-centric than the surrounding county with 31.73% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in Rye, New Hampshire 03870 is $116,332. The median household income for the surrounding county is $101,683 compared to the national median of $69,021. The median age of people living in Rye 03870 is 55.9 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 13.8 degrees. The average rainfall is approximately 50.1 inches per year, with 56 inches of snow per year.
