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Listing Details

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Description

Two, professional, office-space buildings located in the direction of growth inside Rexburg, Idaho. 5.8% 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, 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 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. Both buildings share a good sized off-street parking lot. Combined monthly income totals around $14,000.

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© 2021 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Team One Group Real Estate are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-09-21T12:23:14.64.
www.myteamone.com/homes/116293260
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1190 Stocks Avenue Rexburg, ID 83440

  • Price: $2,900,000
  • Status: Active
  • Updated: 74 min ago
  • MLS #: 2135842
0
Beds
0
Baths
0
½ Baths
1
Acres
17,390
SQFT
$167
$/SQFT
2006
Built
Neighborhood:
Artco Business Park-Mad
County:
Madison
Area:
Rexburg
Property Description
Two, professional, office-space buildings located in the direction of growth inside Rexburg, Idaho. 5.8% 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, 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 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. Both buildings share a good sized off-street parking lot. Combined monthly income totals around $14,000.
Exterior Features

Construction And Status BrickExisting Exterior Primary BrickStucco Foundation Concrete Perimeter Landscaping Concrete CurbingEstablished LawnEstablished Trees Location High TrafficInterstate Exit/Access Num Overhead Doors 0 Off Street Parking 50 Overhead Doors No Parking Off Street Roof Composition Topography Setting Flat

Interior Features

Air Conditioning Central Basement FullFinished Basement Percent Finished 100 Heat Source And Type Electric Offices 20 Restrooms 9 Sq Ft Above Grade 8695 Sq Ft Below Grade 8645

Property Features

Annual Insurance 1957.00 Assoc Fees 0.00 Association Fee Includes None Avg Electric Per Month 0.00 Avg Gas Per Month 0.00 Avg Heat Per Month 0.00 Buildings 2 Business Name Con Service & Keller Williams Realty Cap Rate 5.80 Covenants No Current Use Office Distressed Property Not Applicable Documents On File Leases Effective Age 0 Extras Commons AreaHandicap AccessRestroomsHigh Traffic LocationFire Alarm Flood Plain U Handicap Access Yes Inclusions Two Large Brick Commercial Office Buildings With Large 50+ Off StreetSharedParking Lot. Levy Year 0 Monthly Leased Rate 1400 Owner Pays Janitorial ServiceTrash CollectionGrounds CareTaxesSewerInsuranceSnow Removal Personal Property Tax 0.00 Possible Use Office Price Per Sq Ft Annually 0 Prior Use Office Property Type Real Estate Only Provider Other Info Rocky Mountain Power Sep Utilities Yes Sewer Public Sewer Tax Year 2020 Taxes 13588.00 Tenant Pays Janitorial ServiceWaterGasElectricity Terms CashConventional Water Public Zoning General Commercial Zoning Specific Rexburg-Community Business Cnt

Listing provided courtesy of Keller Williams Realty East Idaho.
© 2021 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Team One Group Real Estate are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-09-21T12:23:14.64.
 
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Team One Group Real Estate
1303 12th Avenue South
Nampa ID, 83651