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507 W Main Street

Rexburg, ID 83440
  • $609,000
  • STATUS: Active
  • ON SITE: 134 Days
  • MLS #: 2178667
UPDATED: 43 min ago
$609,000
  • 3
    BEDS
  • 0.47
    ACRES
  • 1
    BATHS
  • 2
    1/2 BATHS
  • 4,001
    SQFT
  • $152
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1961
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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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© 2025 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Coldwell Banker Mountain Properties are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2025-12-15T14:23:12.043.
www.coldwellbankertetonvalley.com/homes/166531529
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507 W Main Street Rexburg, ID 83440

  • Price: $609,000
  • Status: Active
  • On Site: 134 Days
  • Updated: 43 min ago
  • MLS #: 2178667
3
Beds
1
Baths
2
½ Baths
0.47
Acres
4,001
SQFT
$152
$/SQFT
1961
Built
Neighborhood:
None
County:
Madison
Area:
Rexburg
Elementary School:
Kennedy 321El
Middle School:
Madison 321Jh
High School:
Madison 321Hs
Property Description
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.
Exterior Features

Construction And Status Frame Exterior Primary Brick Foundation Concrete Perimeter Garage None Irrigation None Roof Metal Style Other

Interior Features

Air Conditioning Window/Wall Unit(s) Appliances Included DishwasherRefrigeratorGas Water Heater Basement Finished Bedrooms Basement 2 Bedrooms Lower 0 Bedrooms Main 3 Bedrooms Upper 0 Dens Basement 0 Dens Lower 0 Dens Main 0 Dens Upper 0 Family Rooms Basement 1 Family Rooms Lower 0 Family Rooms Main 1 Family Rooms Upper 0 Fireplaces Basement 0 Fireplaces Lower 0 Fireplaces Main 0 Fireplaces Upper 0 Formal Dining Rooms Basement 0 Formal Dining Rooms Lower 0 Formal Dining Rooms Main 0 Formal Dining Rooms Upper 0 Full Baths Basement 0 Full Baths Lower 0 Full Baths Main 2 Full Baths Upper 0 Half Baths Basement 2 Half Baths Lower 0 Half Baths Main 1 Half Baths Upper 0 Heat Source And Type Natural GasForced Air Kitchens Basement 0 Kitchens Lower 0 Kitchens Main 1 Kitchens Upper 0 Laundry In Basement Laundry Basement 1 Laundry Lower 0 Laundry Main 0 Laundry Upper 0 Living Rooms Basement 0 Living Rooms Lower 0 Living Rooms Main 1 Living Rooms Upper 0 Sq Ft Above Grade 2441 Sq Ft Basement 1560 Sq Ft Below Grade 1560 Sq Ft Lower 0 Sq Ft Main 2441 Sq Ft Upper 0 Total Baths 3

Property Features

Covenants No Distressed Property Not Applicable Fixer Upper No Flood Plain U Handicap Access No Ho Exempt Not Exempt HOA No Property Type Single Family Provider Other Info Rocky Mountain Power Sewer Public Sewer Short Term Rental YN Allowed Tax Year 2024 Taxes 4083.00 Terms CashConventional Water Public Winter Access YN Yes Zoning Specific REXBURG-LOW DENSITY RESIDENT 1

Snake River Regional MLS logo Listing provided courtesy of The Real Estate Office: 2083565050.
© 2025 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Coldwell Banker Mountain Properties are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2025-12-15T14:23:12.043.
 
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Coldwell Banker Mountain Properties
189 N Main Street, Suite 100
Driggs ID, 83422