156 2nd E REXBURG ID 83440 MLS #2180597

156 2nd E
REXBURG, ID, 83440
$2,300,000
Beds
0 Baths
20,000 SqFt
1.11 Acres
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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&#39's fastest-growing communities.

Property Details

Price:
$2,300,000
MLS #:
2180597
Status:
Active
Baths:
0
Type:
Commercial
Listed Date:
Nov 6, 2025
Finished Sq Ft:
20,000
Lot Size:
48,351 sqft / 1.11 acres (approx)
Year Built:
1950
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