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    7875 S 1800 W

    Rexburg, ID 83440
    • $649,900
    • STATUS: Active
    • ON SITE: 118 days
    • MLS #: 2136749
    Price Reduced
    $649,900
    • 0
      BEDS
    • 0.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,950
      SQFT
    • $131
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1890
    County:
    Area:

    School Ratings & Info

    Description

    Huge price reduction! Buyers financing fell through. White Sparrow Country Store is Rexburg's popular destination for home decor, gifts, treats, ice cream, and hand made fried pies. An extensive overhaul remodel of the store section of the property was finished in 2020 and is a popular attraction with a grand opening in August of 2020 bringing media attention and clients that traveled across the country to attend. The business and real estate is being sold with this offering as White Sparrow is expanding to other areas and providing an opportunity for a new owner to carry on the torch with the White Sparrow Brand if desired. Behind the store is also 2 residential apartments currently being rented out for $895 per apartment ( with room for rent appreciation(Each unit is 2 bedrooms, 1 bathroom),. The shop in the past has been rented out for $300 month. This is the perfect opportunity for a fun and unique store combined with residential rental income for a great investment and cash flowing business. This business has great sales and financials that can be provided to qualified buyers upon signing a non disclosure agreement. Phase 1 inspection completed, septic inspections/pumping have been completed, and recorded survey on file. Cash or Conventional financing only, no SBA loans.

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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: 2021-09-21T00:23:10.55.
    www.myteamone.com/homes/117574014
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    7875 S 1800 W Rexburg, ID 83440

    • Price: $649,900
    • Status: Active
    • MLS #: 2136749
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.56
    Acres
    4,950
    SQFT
    $131
    $/SQFT
    1890
    Built
    Neighborhood:
    None
    County:
    Madison
    Area:
    Rexburg
    Property Description
    Huge price reduction! Buyers financing fell through. White Sparrow Country Store is Rexburg's popular destination for home decor, gifts, treats, ice cream, and hand made fried pies. An extensive overhaul remodel of the store section of the property was finished in 2020 and is a popular attraction with a grand opening in August of 2020 bringing media attention and clients that traveled across the country to attend. The business and real estate is being sold with this offering as White Sparrow is expanding to other areas and providing an opportunity for a new owner to carry on the torch with the White Sparrow Brand if desired. Behind the store is also 2 residential apartments currently being rented out for $895 per apartment ( with room for rent appreciation(Each unit is 2 bedrooms, 1 bathroom),. The shop in the past has been rented out for $300 month. This is the perfect opportunity for a fun and unique store combined with residential rental income for a great investment and cash flowing business. This business has great sales and financials that can be provided to qualified buyers upon signing a non disclosure agreement. Phase 1 inspection completed, septic inspections/pumping have been completed, and recorded survey on file. Cash or Conventional financing only, no SBA loans.
    Exterior Features

    Construction And Status Existing-Partly Updated Exterior Primary Wood SidingOther-See RemarksMetal Foundation Concrete PerimeterRockOther Landscaping Established LawnEstablished Trees Location High TrafficOther-See Remarks Lot Size 26526 Overhead Doors No Roof MetalOther Topography Setting Corner Lot

    Interior Features

    Air Conditioning Evaporative CoolerWindow/Wall Freon Basement PartialOther-See RemarksUnfinished Basement Percent Finished 0 Heat Source And Type GasPropane Restrooms 3 Sq Ft Above Grade 4950 Sq Ft Below Grade 0

    Property Features

    Association Fee Includes None Business Name White Sparrow Country Store Covenants No Current Use RestaurantOtherRetail Distressed Property Not Applicable Documents On File Profit And Loss StatementLeases Exclusions Seller's Personal PropertyTenants in Residential Units On Back Of Store Personal Property Extras High Traffic LocationHigh Visibility Flood Plain U Handicap Access Yes Inclusions Restaurant/Store EquipmentCurrent Restaurant/Store inventoryRights To Operate As The White Sparrow Country Store Brand To Be Finalized Prior To Closing And Agreement Signed By All Parties. Owner Pays Trash CollectionCommons Area MaintenanceGrounds CareGasTaxesElectricityInsuranceSnow Removal Possible Use BarRestaurant Prior Use Retail Property Type Business W/Real Estate Provider Other Info Rocky Mountain Power Sep Utilities No Sewer Private Septic Sub Area Lyman Tax Year 2020 Taxes 3269.00 Tenant Pays None Terms CashConventional1031 Exchange Water Well Zoning General Other Zoning Specific Not Verified

    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: 2021-09-21T00:23:10.55.
     
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    Team One Group Real Estate
    1303 12th Avenue South
    Nampa ID, 83651