BEDS4
BATHS6 full 2 partial
SQUARE FEET7,200
MLS#2180432
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONREXBURG TOWNSITE-MAD
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. Recent updated HVAC a few years ago. Roof reviewed and in overall good condition with minor maintenance noted. Some 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partially Finished, Unfinished, Walk-Out Access
Basement: Yes
Cooling: Central Air, Window/Wall Unit(S)
Heating: Electric, Natural Gas, Forced Air
Lot Size: 0.06 Acres
Roof Type: Membrane
Taxes: $3,660
Year Built: 1903
Units
Unit Type 1:
Bedrooms: 1
Bathroom(s): 1
Rent: $695.00
Square Footage: 600
Unit Type 2:
Bedrooms: 1
Bathroom(s): 1
Rent: $695.00
Square Footage: 500
Unit Type 3:
Bedrooms: 1
Bathroom(s): 1
Rent: $695.00
Square Footage: 300
Unit Type 4:
Bedrooms: 1
Bathroom(s): 1
Rent: $650.00
Square Footage: 250
Feature Descriptions
Days on Site: 170
Exterior: Brick, Stucco, Wood Siding
Foundation: Concrete Perimeter, Stone
Handicap Access: 1
HOA Y/N: No
Landscaping: Concrete Curbing
Location: Near Park, Near Schools, Near University/College
Owner Pays: Trash Collection
Parcel #: RPRRXB10380140
Sewer: Public Sewer
SQFT Above Grade: 3600
SQFT Below Grade: 1800
Tenant Pays: Cable TV, Gas, Insurance, Electricity, Water
Topography: Corner Lot
Units: 5
Water: Public
Local Schools
High School: MADISON 321HS
Middle School: MADISON 321JH
Elementary School: ADAMS 321EL
Listed By / Shown By
Listed By
Agency Name: Silvercreek Realty Group
Agency Phone: 2085236111
Shown By
Agent Name: Lynette Neibaur
Agent Phone: (208) 243-7334
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 2,039.37 per month $1,533.42 Principal & Interest $305.00 Property Tax $200.96 Homeowner's InsuranceChange Payment Information
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36 E Main Street | MLS# 2180432
This multi-family property located at 36 E Main Street, Rexburg, ID 83440 is currently listed for sale with an asking price of $689,000. Search Rexburg real estate on lneibaur.cbidahofalls.com today.