An incredible opportunity in the heart of downtown Idaho Falls! This versatile commercial building offers endless potential with multiple levels, spacious storage areas, basement space, and an overhead loading door for convenient shipping and receiving. The flexible layout includes multiple entrances and partitioned areas, creating the possibility for multiple businesses, retail spaces, offices, showroom use, or mixed-use potential. An added investment opportunity includes the potential to keep The Bike Shop, currently operating inside the building, as an established tenant—providing immediate income potential and added value for an investor or owner-user. Located just minutes from restaurants, shopping, entertainment, and the beautiful Snake River Greenbelt, this property combines visibility, accessibility, and functionality. Both on-street and off-street parking are available, and quick access to major highways makes it convenient for customers, employees, and deliveries alike. A rare chance to own a well-positioned commercial property in one of Idaho Falls'' growing downtown corridors!
Property Details
Price:
$1,499,000
MLS #:
2186437
Status:
Active
Baths:
0
Type:
Commercial
Listed Date:
May 20, 2026
Finished Sq Ft:
28,000
Lot Size:
14 sqft / 0.34 acres (approx)
Year Built:
1948
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Schools
Interior
Blw Grade Sq Ft
4000
Exterior
Financial
Taxes
$4,719
Map
Community
- Address401 E Street IDAHO FALLS ID
- CityIDAHO FALLS
- CountyBonneville
- Zip Code83402
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