321 2NdRexburg, ID 83440

  • Commercial real estate
  • 1,798 SF
For Sale
$975,000 View listing

Property Details for 321 2Nd

Lot size
0.42 AC
Property size (Sq ft)
1,798 SF
Property type
Commercial real estate
APN
RPR1AMDL000050
APU
RPR1AMDL000050

Description

This exceptional investment opportunity encompasses three established Subway restaurants in Rexburg, Idaho. The primary location boasts a highly desirable spot on 2nd East, ensuring optimal visibility and foot traffic. This offering includes the real estate assets of all three locations, along with the ongoing, profitable Subway businesses. The sale is a result of unforeseen circumstances and presents a unique chance for a savvy investor to acquire a well-established, multi-unit franchise operation. Financial details regarding the business's performance are available upon request, subject to a non-disclosure agreement. The 0.04-acre lot of the main location provides ample space for operations and potential future expansion. This package represents a turnkey solution for an experienced entrepreneur or investment group seeking a stable and profitable venture in a thriving community. Serious inquiries only, please. All information provided is deemed reliable but not guaranteed and should be independently verified. The sale includes all three locations and their associated real estate. This is a rare opportunity to acquire a well-established business with significant growth potential. Contact us today to schedule a showing and explore this exciting investment prospect further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $368,047
    Hospitality
    $337,129
    Educational
    $280,487
    Medical
    $290,133
    Retail
    $436,313

Location Insight

City
Rexburg
County
Madison
State
Idaho
Latitude
43.8328
Longitude
-111.779
CBSA code
39940
CBSA name
REXBURG, ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,884
-
-
$515,960
-
-
-
$515,960

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