36 Main Street, Rexburg, ID 83440
Local realty services provided by:Better Homes and Gardens Real Estate 43° North
36 Main Street,Rexburg, ID 83440
$775,000
- 4 Beds
- 8 Baths
- 7,200 sq. ft.
- Multi-family
- Active
Listed by:steven phaysounlaphong
Office:silvercreek realty group
MLS#:2180432
Source:ID_SRMLS
Price summary
- Price:$775,000
- Price per sq. ft.:$107.64
About this home
Prime mixed-use investment property located in the heart of historic downtown Rexburg. just steps from BYU-Idaho. Originally built as the Rexburg State Bank, this beautifully preserved brick building retains its historic character, including the original bank vault still located on-site. Zoned CBD (Central Business District), allowing for retail, restaurant, or mixed commercial use. The main floor was fully remodeled in winter 2024, featuring modern finishes, updated electrical, and plumbing while maintaining the building's classic early-1900s appeal. Currently leased to an established local cafe/restaurant. The upper level includes four fully rented apartments, each approximately 400-600 sq ft, remodeled in 2010 and featuring a shared coin-operated washer/dryer that generates additional income. Basement (approx. 1,800 sq ft) offers additional storage and mechanical space. The property has enjoyed strong, consistent occupancy for over 20 years, demonstrating the continued rental demand in this high-traffic downtown location. Recent improvements include HVAC upgrades and system updates. Excellent opportunity for investors PLEASE DO NOT DISTURB BUSINESS & TENANT. Buyer to verify all information with the city & county offices.
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Home facts
- Year built:1903
- Listing ID #:2180432
- Added:1 day(s) ago
- Updated:October 29, 2025 at 12:45 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:8
- Full bathrooms:6
- Half bathrooms:2
- Living area:7,200 sq. ft.
Heating and cooling
- Heating:Electric, Forced Air
Structure and exterior
- Roof:Membrane
- Year built:1903
- Building area:7,200 sq. ft.
- Lot area:0.06 Acres
Schools
- High school:MADISON 321HS
- Middle school:MADISON 321JH
- Elementary school:ADAMS 321EL
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$775,000
- Price per sq. ft.:$107.64
- Tax amount:$3,660 (2024)
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