510 N 2nd E, Rexburg, ID 83440
See all 9 photos
510 N 2nd E, Rexburg, ID 83440
510 N 2nd E, Rexburg, ID 83440
510 N 2nd E, Rexburg, ID 83440
510 N 2nd E, Rexburg, ID 83440
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
William Burns

William Burns

+1(208) 970-4956
$ 1,110,000
Est. payment /mo
Save
Active

510 N 2nd E Rexburg, ID 83440

5,700 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 5,700 sqft

Price per Sqft $194

Subdivision No Subdivision

MLS Listing ID 2181251

Year Built 1990

Annual Tax Amount $6,433

Tax Year 2025

Lot Size 0.630 Acres

Acres 0.63

Property Sub-Type Real Estate Only

Property Description

Well located multi tenant neighborhood retail asset situated within the Albertsons and Cal Ranch trade area. The property benefits from strong daily traffic generators, excellent visibility, and convenient access with ample on site parking. The surrounding retail corridor supports consistent foot traffic and repeat customer demand. The tenant mix is service and necessity oriented, supporting stable occupancy and reliable cash flow. Leases provide a clear and straightforward income stream with limited operational complexity. Expense structure is easy to underwrite, making this an attractive asset for investors seeking predictable performance rather than discretionary retail exposure. In place rents offer immediate income with future upside through contractual increases and market rent alignment over time. The property functions as a true neighborhood service center, positioning it well for long term hold investors focused on durability, simplicity, and income stability in a proven retail location.

Location

State ID

County Madison

Area 5700

Zoning General Zoning: Rx-Comm Busi Cntr,Specific Zoning: Rexburg-Community Business Cnt

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Inclusions As-Is

Exterior

Parking Features Parking Lot

Garage Description Parking Lot

View Y/N No

Roof Type Membrane

Garage Yes

Private Pool No

Building

Lot Description High Traffic

Foundation Slab

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Real Estate Two70

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Real Broker LLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

510 N 2nd E