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PRICE $2,300,000
SIZE 20,000 sqft
LOT SIZE 1.11 ac
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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.

DAYS ON MARKET 28 LAST UPDATED 11/6/2025
YEAR BUILT 1950 COUNTY Madison
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
CONSTRUCTION Block
HEAT Natural Gas
LOT 1.11 acre(s)
SEWER Public Sewer
STORIES 1
TAXES 4211
WATER Public
ZONING REXBURG-COMMUNITY BUSINESS CNT

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