ID 7875 S 1800 W REXBURG
    $ 649,900.00

    7875 S 1800 W REXBURG ID 83440
    • Days on Market: 114
    • Status:
    • Type:
    • Apx Acreage: 0.557
    • Area: 4950 sq ft
    • Year built: 1890
    • Heat Source/Type: Gas,Propane
    • Air Conditioning: Evaporative Cooler,Window/Wall Freon
    • Abv Grade SqFt: 4950
    • Basement: Partial,Other-See Remarks,Unfinished

    Description

    Huge price reduction! Buyers financing fell through. White Sparrow Country Store is Rexburg’s popular destination for home decor, gifts, treats, ice cream, and hand made fried pies. An extensive overhaul remodel of the store section of the property was finished in 2020 and is a popular attraction with a grand opening in August of 2020 bringing media attention and clients that traveled across the country to attend. The business and real estate is being sold with this offering as White Sparrow is expanding to other areas and providing an opportunity for a new owner to carry on the torch with the White Sparrow Brand if desired. Behind the store is also 2 residential apartments currently being rented out for $895 per apartment ( with room for rent appreciation(Each unit is 2 bedrooms, 1 bathroom),. The shop in the past has been rented out for $300 month. This is the perfect opportunity for a fun and unique store combined with residential rental income for a great investment and cash flowing business. This business has great sales and financials that can be provided to qualified buyers upon signing a non disclosure agreement. Phase 1 inspection completed, septic inspections/pumping have been completed, and recorded survey on file. Cash or Conventional financing only, no SBA loans.

    View on map / Neighborhood

    • County: Madison
    • Subdivision: NONE

    Taxes and Fees

    • Taxes: 3269.00
    • Tax Year: 2020
    • Association Fee Includes: None

    Additional Details

    • Construction/Status: Existing-Partly Updated
    • Distressed Property: Not Applicable
    • Sub Area: LYMAN
    • Location: High Traffic,Other-See Remarks
    • Landscaping: Established Lawn,Established Trees
    • Water: Well
    • Flood Plain: U
    • Provider/Other Info: Rocky Mountain Power
    • Original List Price: 849900
    • Possible Use: Bar,Restaurant
    • Sewer: Private Septic
    • Business Name: White Sparrow Country Store
    • Roof: Metal,Other
    • Current Use: Restaurant,Other,Retail
    • # Buildings: Trash Collection,Commons Area Maintenance,Grounds Care,Gas,Taxes,Electricity,Insurance,Snow Removal
    • Inclusions: Restaurant/store equipment, Current restaurant/store inventory, Rights to operate as the White Sparrow Country Store brand to be finalized prior to closing and agreement signed by all parties.
    • Foundation: Concrete Perimeter,Rock,Other
    • # Restrooms: 3
    • Extras: High Traffic Location,High Visibility
    • Exterior-Primary: Wood Siding,Other-See Remarks,Metal
    • Handicap Access: 1
    • Tenant Pays: None
    • Prior Use: Retail

    Features

    • MLS #: 2136749
    • Zoning-Specific: NOT VERIFIED
    • Zoning-General: OTHER
    • Terms: Cash,Conventional,1031 Exchange
    • Courtesy of: Keller Williams Realty East Idaho

    Video

    • Post Updated: 2021-09-15 14:37:07

    This style property is located in , in Madison county, is currently property, and has been listed on Southeast Idaho Real Estate. This property is listed at $ 649,900.00. It has bedrooms, bathrooms, and is 4950 sq ft. The property was built in the year 1890. Contact Dustin Hawkins at Idaho Agents Real Estate for more info. Local East Idaho real estate experts. 


     

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Dustin Hawkins Real Estate

Dustin Hawkins 

Realtor/Broker

208-821-2832

dustin@seidahorealestate.com

 

 

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