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Two, professional, office-space buildings located in the direction of growth inside Rexburg, Idaho. 6% cap rate. Both buildings are currently being utilized as office/call center spaces but have capable floor plans that could easily be manipulated to accommodate and fit just about any business. Buildings are located just off of N 2nd East near Walmart Supercenter and just down the road from a future Wendy's, car wash, and 2nd Temple. The larger of the two buildings, 1216 Stocks Avenue, features 14 offices, 3 conference rooms, 5 restrooms, 2 larger reception areas, 1 kitchen area, and an elevator for handicap access (elevator has not recently been serviced or used). This building has been being utilized as a call center with roughly 117 employees. The smaller building, 1190 Stocks Avenue, has 6 offices, 3 larger call center rooms, 4 restrooms (2 on each level), a reception area and a break-room/kitchen area and is currently being utilized by a real estate office as well as a call center. These are sturdy brick buildings with granite in the restrooms and gas heating and air conditioning. Network ready. Both buildings share a good sized off-street parking lot. Combined monthly income totals around $16,000.
| DAYS ON MARKET | 132 | LAST UPDATED | 5/16/2022 |
|---|---|---|---|
| TRACT | ARTCO BUSINESS PARK-MAD | YEAR BUILT | 2006 |
| COMMUNITY | Madison | COUNTY | Madison |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to May 16, '22 | $2,900,000 |
|---|---|
| May 16, '22 - Today | $3,200,000 |
| ADDITIONAL DETAILS | |
| AIR | Central |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Madison |
| BASEMENT | Finished, Full, Yes |
| CONSTRUCTION | Brick, Stucco |
| EXTERIOR | Commons Area, Fire Alarm, Handicap Access, High Traffic Location, Restrooms |
| HEAT | Electric |
| HOA DUES | 0.00 |
| INTERIOR | Current Use: Office |
| LOT | 1 acre(s) |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Real Estate Only |
| SUBDIVISION | ARTCO BUSINESS PARK-MAD |
| WATER | Public |
| ZONING | COMMERCIAL |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Keller Williams Realty East Idaho
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