Located at Rye Place, this two-story office building offers the ideal space for businesses seeking both flexibility and visibility. With multiple private offices across two floors, this property can easily accommodate a variety of layouts to suit your needsâ??whether youâ??re looking for collaborative workspaces or private offices for your team. The building features a spacious conference room, perfect for meetings, presentations, and team collaborations. A fully-equipped kitchen provides convenience for staff, ideal for breaks or informal meetings. Additionally, the property offers generous on-site parking, making it easy for both employees and visitors to access the building. With its high-traffic location, your business will benefit from exceptional visibility. This prime spot ensures excellent exposure to passersby, increasing brand recognition and accessibility. The Plaza is a well-established commercial hub, surrounded by a hotel, shops and a restaurant, creating a dynamic environment for your business. Conveniently located near major roadways and public transportation, this office space is perfect for companies looking to establish themselves in a thriving, accessible area. Contact us today to schedule a tour and explore this outstanding leasing opportunity!
Tate and Foss Sothebys International Realty is pleased to present to qualified investors and owner-users, the outstanding opportunity to acquire Rye Place (Property), located at 150 Lafayette Road, Rye, New Hampshire, delivered fee simple and unencumbered by any brand affiliation. The subject property is a mixed use 27 key, two story boutique hotel with a 2-bedroom caretakers quarters and a two-story,16 unit retail/office mall, anchored by a newly opened restaurant.The Property, built in approx. 1790, sits on a 4.08-acre parcel with 52,507 square feet under roof and 104 parking places with excellent visibility and access coming from the north or south. Current ownership committed over $2,000,000 in capital improvements, completing a major renovation to the hotel and mall as part of a property improvement plan. Inn at Rye Place is operated seasonally from May 1 through October 30, with a tremendous upside to increase revenue on a year round basis. Permit in place to operate year round. The investment opportunity is being offered with pricing guidance at $5,495,000 which translates into a robust cap rate of 10.5% indicating an excellent potential for income generation. Tenant leases and financial information for existing retail spaces and hotel will be provided upon execution of a Non-disclosure Agreement. Rye Place is conveniently located to downtown Portsmouth NH, Boston, MA and Portland ME.
Experience a cutting-edge facility tailored for the health and wellness, and fitness industries, designed to foster a collaborative environment for its occupants. This versatile building offers a range of customizable spaces to accommodate the specific needs of each tenant. Residents can take advantage of the community lounge, a cafe, as well as communal changing areas, locker rooms, and bathrooms. Join esteemed tenants like Flighthouse Gym, Rye Physical Therapy, and New England Pickleball in this comprehensive destination dedicated to promoting health, wellness, and physical fitness.
The median home value in Rye, NH is $920,000. This is higher than the county median home value of $492,900. The national median home value is $338,100. The average price of homes sold in Rye, NH is $920,000. Approximately 69.84% of Rye homes are owned, compared to 16.59% rented, while 13.57% are vacant. Rye real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rye real estate agent to arrange a tour today!
Rye, New Hampshire has a population of 5,511. Rye is less family-centric than the surrounding county with 29.43% 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 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 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.