3937 240 Rigby, ID 83442
This exceptional 17,101 square foot executive office building presents a unique investment opportunity in Rigby, Idaho. Built in 2006, this two-story structure sits on a 0.994-acre lot and is zoned JC-C2-COMM ZN 2. The property boasts five individual units, offering flexibility for various business needs. Currently configured with a mix of uses, the building includes newly remodeled professional offices, a storefront, and a full kitchen. A significant portion of the space is currently dedicated to recreational facilities, featuring three basketball courts, batting and pitching cages with protective netting, and a weight training area. There's also a dedicated physical therapy clinic with exam rooms and specialized equipment. Additional features include spectator seating and bleachers that can be reconfigured to create a jogging track. The versatile layout makes this property ideal for a variety of uses, including sporting events, tournaments, and weekend rentals for gatherings, reunions, or receptions. Its convenient location, approximately 10 miles from Idaho Falls, adds to its appeal. The asking price for this remarkable property is $2,200,000. This is a rare opportunity to acquire a multi-use commercial property with significant income potential and a unique blend of office and recreational space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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