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1216 Stocks Ave Rexburg, ID 83440

Sponsored
For Sale
$3,200,000

Two office buildings, high income, great location.

Description

Added:
Feb 3, 2025
Days on Market:
340
This exceptional investment opportunity presents two well-maintained office buildings situated in a prime Rexburg, Idaho location, experiencing significant growth. The larger building, located at 1216 Stocks Avenue, boasts 14 offices, three conference rooms, five restrooms, two spacious reception areas, a kitchen, and an elevator (requiring service). Currently operating as a call center with approximately 117 employees, this building offers adaptable floor plans suitable for various businesses. The smaller building, at 1190 Stocks Avenue, comprises six offices, three large call center rooms, four restrooms (two per level), a reception area, and a break room/kitchen. It currently houses a real estate office and a call center. Both buildings are constructed of durable brick, feature granite restrooms, and utilize gas heating and air conditioning. They are network-ready and share a substantial off-street parking lot. The combined monthly income from both properties is approximately $16,000, representing a 6% capitalization rate. The property sits conveniently near a Walmart Supercenter and is close to planned developments including a Wendy's and car wash, as well as a future temple. This is a rare chance to acquire a high-performing, multi-building commercial property in a thriving area. The 0.4-acre lot provides ample space and potential for future expansion.

Property Features for 1216 Stocks Ave

General Information

Property type
Other commercial real estate
Lot Size
17,424 SF

Building Details

Year Built
2006

Property Profile Location Intelligence

Current Use by Public Records

Premier Therapy Associates Physical Therapy Clinic Best of Home Care Home Health Care Service

Suggested Use

Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Hair Salon Wholesale Shop Nail Salon Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Rexburg
County
Madison County
State
Idaho
Longitude
-111.7757
Latitude
43.85099

FAQs

What type of property is this?
Commercial real estate - Two office buildings, high income, great location.
Where is this commercial real estate located?
The property is located at 1216 Stocks Ave Rexburg, ID.
What is the asking price?
The asking price for this property is $3,200,000.
More about this property
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