Homes for sale - 507 W Main Street, Rexburg, ID 83440

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Rod Jones

rodsidaho@gmail.com +1(208) 313-0000

$609,000

Est. payment - /mo

3 Beds

3 Baths

4,001 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,001 sqft

Price per Sqft $152

MLS Listing ID 2178667

Style Other

Bedrooms 3

Full Baths 1

Half Baths 2

Year Built 1961

Annual Tax Amount $4,083

Tax Year 2024

Lot Size 0.470 Acres

Property Sub-Type Single Family Residence

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.

Location

State ID

County Madison

Area 4001

Zoning Rexburg-Low Density Resident 1

Rooms

Basement Finished

Interior

Heating Natural Gas, Forced Air

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate

Appliance Dishwasher, Refrigerator, Gas Water Heater

Laundry In Basement

Exterior

Parking Features No Garage

Garage Description No Garage

View Y/N No

Roof Type Metal

Garage Yes

Private Pool No

Building

Story One

Entry Level One

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Kennedy 321El

Middle Schools Madison 321Jh

High Schools Madison 321Hs

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by The Real Estate Office

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Rod Jones

+1(208) 313-0000

Broker

507 W Main Street Rexburg, ID 83440

Rod Jones

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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