1216 Stocks Avenue

    Rexburg, ID 83440
    • $1,880,000
    • STATUS: Active
    • ON SITE: 165 days
    • MLS #: 2123116
    UPDATED: 60 min ago
    $1,880,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 17,390
      SQFT
    • $108
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2006
    County:
    Area:

    School Ratings & Info

    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.

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    © 2019 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 The Perfect Home 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: 2019-12-14T12:23:44.973.
    www.idahoperfecthome.com/homes/96466566

    1216 Stocks Avenue Rexburg, ID 83440

    • Price: $1,880,000
    • Status: Active
    • Updated: 60 min ago
    • MLS #: 2123116
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    17,390
    SQFT
    $108
    $/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. 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.
    Exterior Features

    Construction And Status Existing Exterior Primary StuccoBrick 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

    Interior Features

    Air Conditioning Central Basement FinishedFull 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 1506.00 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 ServiceCaliberKeller Williams Cap Rate 7.50 Covenants No Current Use Office Distressed Property Not Applicable Documents On File Leases Effective Age 0 Extras Commons AreaFire AlarmRestroomsHandicap AccessHigh Traffic Location Flood Plain U Handicap Access Yes Inclusions Two Large Brick Commercial Office Buildings With Large 50+ Off StreetSharedParking Lot. Levy Year 0 Net Operating Income 0.00 Owner Pays InsuranceSewerJanitorial ServiceSnow RemovalGrounds CareTrash CollectionTaxes 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 2018 Taxes 14977.00 Tenant Pays Janitorial ServiceGasElectricityWater Terms CashConventional Water Public Zoning General Commercial Zoning Specific Rexburg-Community Business Cnt

    Listing provided courtesy of Keller Williams Realty East Idaho.
    © 2019 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 The Perfect Home 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: 2019-12-14T12:23:44.973.
     
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