$619,000

507 W Main Street, Rexburg, ID 83440

3 beds |
3 baths |
4,001 sqft

Single-Family Home
Built in 1961
0.47acre lot
—— car garage
$155/sqft
Listed 3 months ago

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.

Listing Status:: Active
Listing Office:: The Real Estate Office : 208-356-5050
MLS ID:: 2178667

Appliances: DishwasherRefrigeratorGas Water Heater
Laundry: In Basement
Basement: Finished
Flooring: CarpetLaminate
A/C: Wall/Window Unit(s)
Heating: Natural GasForced Air

Style: Other
Parking: No Garage

Roofing: Metal
General: FrameBrickOneConcrete Perimeter

Originating MLS: Snake River
County: Madison

Zoning: AttachedRPRXBCA0250001

Utilities: Rocky Mountain Power
Water: Public
Sewer: Public Sewer

Source: Snake River

This listing courtesy of The Real Estate Office

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Kennedy Elementary School

60 S 5th W, Rexburg, ID, 83440

Grades KG-4

0.07 miles away

Central High School

379 S 2nd E, Rexburg, ID, 83440

Grades 6-12

1.18 miles away

Central High School

379 S 2nd E, Rexburg, ID, 83440

Grades 6-12

1.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.