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THIS PROPERTY PRESENTS A RARE OPPORTUNITY TO BE PART OF THIS ICONIC NEW ENGLAND SEACOAST AND OWN A MOTEL WITH AN ATTACHED MALL WITH FULLY OCCUPIED RETAIL SPACES.
150 Lafayette Rd (Rye Place) is a 4.07 acre property situated on Route 1 in prestigious Rye, New Hampshire. The building consists of a 27 room completely renovated motel with a 2-bedroom manager’s apartment as well as a fully occupied 16-unit mall attached. Also, there is 3,000 plus square feet of undeveloped useable space.
Rye Place is located in the epicenter of the New Hampshire Seacoast on Route 1 with easy access to everything local. A short 3 mile drive to local beaches, downtown Portsmouth and I-95 to Maine or Massachusetts.
Here are a just a few of the many updates that have been done throughout the property over the last 3 years:
If you hurry, you can take advantage of the very busy summer season!