23 1St Rexburg, ID 83440
- Commercial real estate
- 3,465 SF
- 0.18 lot acres
Current Use by Public Records
- Kaboom Carpet Cleaners / Cleaners
- Marren's / General Store / Computer Store
- Lived In Apparel Thrift Shop and Salon / Thrift Store / Beauty Salon
- Vivid Teeth Whitening / Teeth Whitening Service / Service Establishment
- Blue Light Lobby / Game Store / Computer Club
Property Details for 23 1St
- Lot size
- 0.18 lot acres
- Property size
- 3,465 SF
- Property type
- Commercial real estate
- APN
- RPRRXB10371630
- APU
- RPRRXB10371630
Description
This exceptional 0.43-acre property in Rexburg, Idaho, presents a unique investment opportunity. Located at 23 E 1 N, the lot is fully improved and zoned Mixed Use/Low Density Residential 2. Importantly, any proposed use requires a conditional use permit from the city of Rexburg. The property's previous approved use was as a parking lot serving a Main Street business, demonstrating its suitability for similar applications. However, the flexible zoning opens doors to a variety of potential uses, including, but not limited to, continued operation as a parking lot, the development of a vendor food court, or utilization as a sales lot. The property's size and location offer significant potential for diverse commercial ventures. The asking price is $325,000. Prospective buyers are encouraged to investigate the feasibility of their intended use with the city of Rexburg's planning department to ensure compliance with all applicable regulations and obtain necessary permits. This is a rare opportunity to acquire a fully improved commercial lot in a desirable Rexburg location. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rexburg
- County
- Madison
- State
- Idaho
- Longitude
- -111.78
- Latitude
- 43.8253
- CBSA code
- 39940
- CBSA name
- REXBURG, ID MICROPOLITAN STATISTICAL AREA
