Address
1216 Stocks Avenue Rexburg, ID
Price
$ 2,220,000
Property Attributes
  • MLS#2123116
  • TypeCommercial
  • CountyMADISON
  • CityRexburg
  • AreaMadison
  • NeighborhoodArtco Business Park-Mad
  • Zip83440
  • StyleReal Estate Only
  • Year Built2006
  • Taxes14943
  • Price$ 2,220,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage17390
  • Lot Size1 Acres
Listing Provided Courtesy Of:
Keller Williams Realty East Idaho
Property Description

Two, professional, office-space buildings located in the direction of growth inside Rexburg, Idaho. 7.3% 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 $13,850.

Price History
7/1/2019 Listed $1,880,000

General Features

Business Name Con Service, Caliber, Keller Williams
Construction/status Existing
Cooling Central
Extras Commons Area, Fire Alarm, Restrooms, Handicap Access, High Traffic Location
HOA Fee 0.00
HOA Fee Includes None
Heating Electric
Legal Description ARTCO BUSINESS PARK SUB LOTS 2 & 3 BLK 2
Listing Area Madison
Listing Type Real Estate Only
Location High Traffic, Interstate Exit/Access
Number of Buildings 2
Parking Off Street
Roof Composition
Sewer Public Sewer
Status Active
Status Active
Subdivision ARTCO BUSINESS PARK-MAD
Tax Year 2019
Taxes 14943.00
Terms Cash, Conventional
Total Sq Ft 17390
Water Public
Year Built 2006

Interior Features

Basement Finished, Full
Number of Restrooms 9
Stories 1

Exterior Features

Listing Office Name Keller Williams Realty East Idaho
Appx Acreage 1
Exterior-primary Stucco, Brick
Flood Plan U
Foundation Concrete Perimeter
Inclusions Two large brick commercial office buildings with large 50+ off street, shared, parking lot.
Number of Off Street Parking 50

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 83440

Price
AVG $680K
$2.22M
Taxes
AVG $6,424
$14,943
Visits
AVG 12
13
Year Built
AVG 1981
2006
Walkscore
AVG 51
17
Data Provided by Walkscore ® not using MLS data

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