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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 | 10 | 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 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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