36 E Main Street, Rexburg, ID 83440
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36 E Main Street, Rexburg, ID 83440
36 E Main Street, Rexburg, ID 83440
36 E Main Street, Rexburg, ID 83440
36 E Main Street, Rexburg, ID 83440
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William Burns

William Burns

+1(208) 970-4956
$ 687,000
Est. payment /mo
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Pending

36 E Main Street Rexburg, ID 83440

6 Baths

7,200 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Pending

Purchase Type For Sale

Square Footage 7,200 sqft

Price per Sqft $95

Subdivision No Subdivision

MLS Listing ID 2180413

Year Built 1903

Annual Tax Amount $3,660

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Real Estate Only

Property Description

Prime mixed-use investment opportunity in downtown Rexburg, just steps from BYU-Idaho. This 3-story building features a strong income-producing setup with a main-level commercial space (approx. 1,800 SF) leased to an established caf?/restaurant, plus 4 fully rented residential units. Proven performance with consistent occupancy and no vacancy for over 20 years. Multiple income streams from commercial and residential units, plus shared coin-operated laundry. Main floor remodeled in 2024 with updated electrical, plumbing, and modern finishes. HVAC and system upgrades completed. Roof reviewed and in overall good condition with minor maintenance noted. Interior improvements in progress, including drywall updates and unit refresh. Contractor bids available upon request. Value-add opportunity with potential to increase rents. Zoned CBD allowing for a variety of commercial uses. Basement space included for storage and mechanical use. Rent roll available upon request. Price recently adjusted to encourage a sale. Do not disturb tenants or business. Showings by appointment only. Buyer to verify all information.

Location

State ID

County Madison

Area 7200

Zoning General Zoning: Mc Rexburg City Li,Specific Zoning: Madison-Commercial

Rooms

Basement Unfinished, Walk-Out Access

Interior

Heating Electric, Natural Gas

Cooling Central Air

Flooring Floor Thickness-8 or +

Inclusions Building And All Permanently Attached Fixtures, Including Four Fully Rented Residential Apartments On The Upper Level And One Main-Floor Commercial Unit. Coin-Operated Washer And Dryer Included, Generating Additional Income. Existing Leases To Convey At Closing. Tenant Fixtures/Items Not Included.

Exterior

Exterior Feature Lighting

Parking Features Off Street

Garage Description Off Street

View Y/N No

Roof Type Built-Up,Membrane

Garage Yes

Private Pool No

Building

Lot Description Concrete Curbing, Corner Lot

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash, Conventional, 1031 Exchange, Other

Listing Terms Cash, Conventional, 1031 Exchange, Other

Special Listing Condition Standard

Listed by Silvercreek Realty Group

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36 E Main Street