507 Main Street, Rexburg, ID 83440
Local realty services provided by:Better Homes and Gardens Real Estate 43° North
507 Main Street,Rexburg, ID 83440
$609,000
- 3 Beds
- 3 Baths
- 4,001 sq. ft.
- Single family
- Active
Listed by: todd smith
Office: the real estate office
MLS#:2178667
Source:ID_SRMLS
Price summary
- Price:$609,000
- Price per sq. ft.:$152.21
About this home
Endless Possibilities on Main Street — Over 4,000 sq ft of Potential! This spacious 4,000+ sq. ft. property sits on a prime corner lot on Main Street, just steps from Kennedy Elementary School and close to the heart of Rexburg. Previously operated as a licensed daycare center, this building offers flexible options for the next owner — whether continuing as a childcare facility or transforming it into something entirely new. The main level features a large open room with great natural light — perfect for a gathering space, studio, retail concept, or open-concept living area. Downstairs, you'll find two oversized open rooms ideal for classrooms, recreational areas, offices, or potential future rental suites. Possible Uses (with appropriate zoning or approvals): Reopen as a daycare or preschool (no zoning change required) Convert to student housing or a duplex-style rental property Develop a live/work space (e.g., salon, small business with residence attached) Create a wellness studio, co-op workspace, or community hub Redesign as a spacious single-family home or multi-family investment The property's location and visibility make it an incredible investment for anyone with vision. Its position near schools and businesses ensures consistent traffic and accessibility.
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Home facts
- Year built:1961
- Listing ID #:2178667
- Added:130 day(s) ago
- Updated:December 10, 2025 at 04:20 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:1
- Half bathrooms:2
- Living area:4,001 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Metal
- Year built:1961
- Building area:4,001 sq. ft.
- Lot area:0.47 Acres
Schools
- High school:MADISON 321HS
- Middle school:MADISON 321JH
- Elementary school:KENNEDY 321EL
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$609,000
- Price per sq. ft.:$152.21
- Tax amount:$4,083 (2024)
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