List Price:
$495,000
Street #:
885
Compass Point:
W
Street/Road Name:
Main Street
Apx Acreage:
0.94
Type:
Commercial
County:
Madison
Listing Office:
Realty Quest (#:4065)
Listing Agent:
Judy Hobbs (#:583)
City:
REXBURG
Public Info:
RESTAURANT SITE - .94 acre Lot 2 located off of West Main with excellent visibility from US20 off ramp Exit 333. ITD will reconfigure this interchange into a Cross-Diamond Intersection, planned for the summer 2024. After intersection is complete it will be a RIGHT TURN ONLY onto West Main. The new interchange will be a significant improvement to traffic flow into this property and the surrounding businesses. Left turn exit from the property will be onto Pioneer, then to the light at West Main - a dramatic improvement for quick ingress/egress and safety. A 33' drive between Lot 1 and Lot 2 will be developed by Lot 1 for the use of both lots; future maintenance to be shared 50/50 with both lots. Lot 1 site plan in Documents of this listing. Adjacent neighbors are Maverik Country Store, SureStay Hotel, Dutch Bros coffee. Seller will only consider a low profile restaurant building which will not block the view of the hotel and will enhance the guest experience. ITD traffic counts on West Main show 24, 000 daily vehicle trips past this location. Site plan and building design will require approval from seller.
Taxes:
4026
Lot Size (Apx SqFt):
41064
Agent Compensation:
3
Dual/Var Rate:
No
Min Commission:
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