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156 N 2nd E, Rexburg, ID 83440

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For Sale

$2,300,000

1.11 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 1.1 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Prime Investment Opportunity in Rexburg, Idaho Introducing a rare, turn-key investment at 156 N 2nd E, Rexburg, ID a 20,000 sq ft commercial property featuring a 16,000 sq ft warehouse and 4,000 sq ft of modern office space. The current owner is offering a 5 10 year leaseback, providing immediate and secure rental income of $14,000 per month and delivering a 7% cap rate from day one. This property is positioned for long-term success with versatile commercial/industrial zoning and excellent access to Hwy 20 and regional transport routes. The warehouse offers high-clearance, open-span utility, while the office space supports professional operations in a growing commercial corridor. With stable tenancy already in place, no upfront vacancy risk, and a well-maintained building in a high-demand market, this is a perfect passive-income asset for both seasoned and first-time investors. Seize the chance to own a proven performer in the heart of Idaho's fastest-growing communities.
MLS# 2180597

Courtesy Of Real Estate Two70

(833) 227-0270

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Block
  • Lot Size
    1.11 Acres
  • Roof Type
    Membrane, Metal

Map and Directions

Directions to 156 N 2nd E, Rexburg, ID 83440

Home seller CENTURY 21 High Desert

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CENTURY 21 High Desert

(208) 356-0588
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.