30 Madison Professional Park, Rexburg, ID 83440 - MLS#2181186

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Valorie Blanchard

val@valorieslist.com +1(208) 403-1859

$1,100,000

Est. payment - /mo

6 Baths

7,036 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 7,036 sqft

Price per Sqft $156

Subdivision Madison Professional Park-Mad

MLS Listing ID 2181186

Year Built 1998

Annual Tax Amount $7,184

Tax Year 2025

Lot Size 0.526 Acres

Property Sub-Type Real Estate Only

Property Description

Professional Office Building-Prime Location Near Madison Memorial Hospital! This 7036 sq ft multi-use office building is situated just one block from Madison Hospital, making it a convenient choice for medical professionals or other office-based businesses. The property is well maintained and is move-in ready for a new owner. Its excellent condition allows for immediate occupancy. Many amenities throughout: Professional reception areas, Multi-use offices, administrative rooms and storage spaces. The main floor is 3518 sq. ft. featuring 10 offices with 3 ADA restrooms. Income Opportunity: A notable advantage is the presence of an existing tenant on the lower level. ADA Accessible entrances with 4 offices, 2 ADA restrooms. This tenant currently leases approx. 1,800 square feet; and pays about market rate, per month, in addition to covering 40% of the Common Area Maintenance (CAM) costs. This provides a reliable source of cash flow to offset ownership expenses. Additional 900 sq. ft. is available downstairs. These spaces present flexible options for the new owner to either occupy or lease to other tenants. The building features ample parking and signage opportunities, enhancing accessibility for clients and visibility for businesses operating from the location. COME TAKE A LOOK!!

Location

State ID

County Madison

Area 7036

Zoning General Zoning: Rx-Prof Overlay,Specific Zoning: Rexburg-Prof Office Zone

Rooms

Basement Daylight, Egress Windows, Finished, Full, Walk-Out Access

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Inclusions Desks, Chairs, Lockers, Fridge, Couch, All That Is In The Building.

Exterior

Parking Features Parking Lot

Garage Spaces 25.0

Garage Description Parking Lot

View Y/N No

Roof Type Architectural

Garage Yes

Private Pool No

Building

Lot Description Near Schools, Near University/College, Established Lawn, Many Trees, Sprinkler Auto, Sprinkler System Full, Corner Lot, Sloped

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Century 21 High Desert- Rexburg

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Valorie Blanchard

+1(208) 403-1859

Broker Associate

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30 Madison Professional Park Rexburg, ID 83440

Valorie Blanchard

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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