$1,880,000

1216 Stocks Avenue

REXBURG ID, 83440

Description

Two, professional, office-space buildings located in the direction of growth inside Rexburg, Idaho. 7.5% 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. The larger of the two buildings, 1190 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 is currently 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. Boht buildings share a good sized off-street parking lot. Combined monthly income totals around $13,600.

Details

MLS#2123116
StyleIQWeb_Office Bldg
Sub-TypeResale
StatusActive
Year2006
Days On Site79

Features

SQ Feet17,390
Story(s)1
Units20
ZoningCOMMERCIAL

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Area Information

StateID
CountyMadison
CityREXBURG
Zip Code83440
AreaMadison
Listing VS Median (in 83440)
Price:
$1,880,000
low | high
Med:
$125,000
100% of Average
SqFt:
17,390
low | high
Med:
0
100% of Average
$ / SqFt:
$108
low | high
Med:
$0
100% of Average
On Site:
79
low | high
Med:
174
45.402298850575% of Average
Listing Updated: 08/30/2019
MLS Number: 2123116
Listing Provided By:
Ryan Lerwill  of  Keller Williams Realty East Idaho

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