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Flex Space with Two Buildings
For Sale
$500,000

164 W 1st N, Rexburg, ID 83440

Commercial Sale, Rexburg, ID

Property Size7,500 SF
Lot Size1.30 Acres
Price / SF$66.67
Days on Market245

Property Features for 164 W 1st N

General Information

Property type Commercial Sale
Property subtype Other
Zoning description General Zoning: Industrial, Specific Zoning: Rexburg-Light Industrial
Parking features Off Street
Lot features Corner Lot
Directions From Idaho Falls: Follow US-20 E to Rexburg. Take exit 333. Continue on ID-33 E/W Main St to your destination.
Standard status Active
APN RPRRXB10244220
Size 7,500 SF
Lot size 1.30 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description REXBURG TAX-12 | LOT 3 BLOCK 24 | DEED ERR0R #361177 | | 45854 SF, 1.0
Tax Annual Amount 5181
Legal Description REXBURG TAX-12 | LOT 3 BLOCK 24 | DEED ERR0R #361177 | | 45854 SF, 1.0

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1985
Listing Agency: Mountain West Commercial Real Estate
Listed By: Dustin Mortimer · License #49222
Added: Jan 6 Changed: Sep 7 Last Checked: Sep 8 at 3:06PM
MLS# 2181302

Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex-space property includes two commercial buildings totaling 7,500 SF on approximately 1.3 acres. One structure provides 3,000 SF of industrial and warehouse area with offices, while the second contains 4,500 SF dedicated to warehouse use. The improvements date to 1985 and support a range of commercial operations requiring a combination of work, storage, and office areas.

Located at 164 W 1st N in Rexburg, the property is near Main Street and minutes from BYU-I. Public water and public sewer serve the site, and off-street parking is available. The property is offered for sale.

Key Highlights

  • 7,500 SF across two commercial buildings
  • 3,000 SF industrial/warehouse building with offices
  • 4,500 SF warehouse building

Property Analytics

Current Use

Centennial Grain Feed Store

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Plumbing Service Carpet & Flooring Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,368
Businesses Nearby
Under-served
Demand for This Use

Demographics for 83440, ID

50,567
Population
13,845
Households
3.7
Avg Household Size
25
Median Age
40%
College-Educated
97%
High-School Grad
181.7 sq mi
ZIP Area
278
Density / Sq Mi
$57,701
Median Household Income
$11,659
Median Earnings
$959
Median Rent
$372,800
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • BYU–Idaho Catering 101 E Viking St MC 293, Rexburg, ID 83460

Frequently Asked Questions

What type of property is this?
Flex space - Two-building commercial property combines warehouse capacity with office space and off-street parking.
Where is this flex space located?
The property is located at 164 W 1st N Rexburg, ID.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 7,500 SF across two commercial buildings; 3,000 SF industrial/warehouse building with offices; 4,500 SF warehouse building
More about this property
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