Idaho Falls, St. Anthony, Rexburg and Rigby real estate and homes for sale in Idaho - The Realty Quest Team, REALTOR®

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Rental - Commercial Office Space for Lease

$ $.95 sq. ft./month

Photo of 11 E. Main/8 N. Center, Rexburg, ID, 83440.

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Address: 11 E. Main/8 N. Center	City/ST: Rexburg, ID	Zip Code: 83440
Location: 11 E. Main/8 N. Center, Rexburg	Property Type: Commercial	New or Resale: Resale
Square Footage: 10829	Bathrooms: 4	MLS# 166381

10,829 sq/ft brick building on Main/Center, Rexburg, ID. 2 blocks from BYU-Idaho's 12,000+ student body. Building was extensively remodeled in 2004 from retail to office space with large meeting rooms and only a few private offices which allow the maximum flexibility for growth and change. High ceilings with creative design and huge main portion of south suite will convert to retail with very little cost. Currently divided entrances for two pods (6700 sq/ft and 4100 sq/ft), 2 additional entrances give many possibilities for further division. Roof, carpet, hv/ac new with remodel. Extensive on-street parking is available as well as 2 large city parking lots each 1/2 block away. There is a lease on east 6700 s/f thru 3/31/12; tenant has vacated and is seeking a sub-lease. Building owner desires a lease beyond 3/12 and will negotiate the terms from the standing lease; all negotiations are subject to termination of standing lease. Give us a call to see this great commercial location!

Last Updated: 5/28/2010 2:24:35 PM

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Real Estate Tips

Making An Offer >Keeping Your Earnest Money Safe

When you make an offer on a house, it is accompanied by an earnest money check. Earnest money is intended to demonstrate that you are "in earnest" about purchasing the property. The earnest money check is made out to the listing company. What happens to this check?

The party holding the check acts as an escrow agent until you go into closing. At that time you will receive credit for the amount of your check against the down payment and closing costs. Real estate brokers are required by law to keep escrow funds in a special account. These funds cannot be used to pay any other expenses associated with the sale. If you don't complete the transaction, the purchase contract determines the disposition of your earnest money funds. Be sure to review this part of your contract with the real estate agent.

If you are in default on your agreement, the funds may go to the sellers, so be sure that you understand the deadlines in order to avoid breach of contract and forfeiture of your deposit. If you have any questions, be sure to ask your real estate agent for advice.

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Real Estate Trivia

Q	What city boasts eight of the world's ten biggest hotels?
A	Las Vegas has eight of the largest resort hotels; the latest and most extravagant is the $2.7 billion, 2,716-room Wynn Las Vegas.
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The Realty Quest Team, REALTOR�, real estate agent and broker for Idaho Falls, St. Anthony, Rexburg and Rigby, Idaho home listings, property and land for sale - NUMBER1EXPERT

The Realty Quest Team
Realty Quest
117 West Main
Rexburg, ID 83440
Phone : 208.356.8787
Toll Free: 888.212.5700
Fax : 208.356.8798
E-mail: Judy@JudyHobbs.com
As Owner/Broker and Listing Specialist, Judy has made real estate her passion here in the Upper Valley since 1977. She has had the privilege of working for thousands of buyers and sellers in those years and is still excited every day about serving you. Judy continues to train, re-educate and explore all new tools to be certain you are being served with new technology, while knowing that our job is not houses or dirt - it is people. Client Centered Care is our focus.

Judy Hobbs is CCIM Certified

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