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    150 Lafayette Rd Rye, NH 03870

    For Sale
    $4,995,000

    Commercial For Sale - Rye, NH

    Lot size:
    4.08 Acres
    Days on Market:
    227
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 150 Lafayette Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COM
    Rooms
    Basement
    Basement Y/N
    1
    Lot size
    4.08 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Heat Pump (Heating), Propane (Heating)
    Cooling system
    Central Air, Multi Units, Zoned

    Building Details

    Year built
    1970
    Number of units
    46
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Jalbert Realty Inc. (603) 964-8028 [email protected]

    Listing agent Tony Jalbert (603) 964-8028

    Listing date Apr 23, 2025

    MLS# 5010796 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Hotel and Retail Mall

    Rye Place is a mixed-use property located at 150 Lafayette Road, Rye, New Hampshire. Constructed around 1970, the property features a two-story boutique hotel with 27 keys, a two-bedroom caretaker's quarters, and a two-story, 16-unit retail/office mall. The property is anchored by a newly opened restaurant. Situated on a 4.08-acre parcel, the building has 52,507 square feet under roof and includes 104 parking spaces. The property benefits from excellent visibility and access from both the north and south. The current ownership has invested over $2,000,000 in capital improvements, including a major renovation to both the hotel and the mall as part of a property improvement plan. The Inn at Rye Place operates seasonally from May 1 through October 30, with the potential to increase revenue on a year-round basis, and a permit is in place to operate year round. Rye Place is conveniently located to downtown Portsmouth NH, Boston, MA and Portland ME.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kane Insurance Insurance Agency Diagnostic Ultrasound Suite ... Medical Diagnostic Imaging Center Redfeather Healing Arts ... Life Coach Nevaeh Salon Hair Salon The Inn At Rye Place Motel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rye
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.8046717
    Latitude
    43.0095929

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      Rye, NH Mixed-Use Investment

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    FAQs

    What type of property is this?
    Hotel - Mixed-use property with hotel and retail in Rye, New Hampshire.
    Where is this hotel located?
    The property is located at 150 Lafayette Rd Rye, NH.
    What is the asking price?
    The asking price for this property is $4,995,000.
    What are key features of this property?
    This property features: - High Income Potential: Robust 8% cap rate indicates excellent income generation.; - Significant Recent Renovations: Over $2,000,000 in capital improvements completed, including major hotel and mall renovations.; - Mixed-Use Property: Boutique hotel (27 keys), caretaker's quarters, and 16-unit retail/office mall anchored by a restaurant.
    (603) 964-8028
    Request Owner's contact information
    150 Lafayette Rd Rye, NH 03870
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    Rye, NH 03870
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 Lafayette Rd Rye, NH 03870
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