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    36 E Main St Rexburg, ID 83440

    New
    For Sale
    $749,000

    MULTI_FAMILY - Rexburg, ID

    Property size:
    7,200 SF
    Lot size:
    0.06 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 36 E Main St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Bathroom 5, Bathroom 7, Bedroom 2, Bathroom 6, Bathroom 8, Bedroom 1, Basement
    Bedrooms
    4
    Bathrooms
    7
    APN
    RPRRXB10380140
    Basement
    Walk-Out Access, Unfinished, Partially Finished
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Separate Water Heaters
    Size
    7,200 SF
    Lot size
    0.06 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air, Electric (Heating)
    Cooling system
    Window Unit(s), Central Air, Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1903
    Number of units
    5
    Building materials
    Brick, Brick, Stucco, Wood Siding
    Roof type
    Membrane

    Silvercreek Realty Group (208) 377-0422 [email protected]

    Listing agent Steven Phaysounlaphong (801) 726-4736

    Listing date Dec 2, 2025

    MLS# 2180432 Listing URL

    Copyright © 2025 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.

    Overview

    Historic Rexburg Mixed-Use Investment

    This mixed-use investment property is located in the heart of historic downtown Rexburg, steps from BYU-Idaho. Originally built as the Rexburg State Bank, the preserved brick building retains its historic character, including the original bank vault. Zoned CBD (Central Business District), the property allows for retail, restaurant, or mixed commercial use. The main floor, fully remodeled in winter 2024, features modern finishes, updated electrical, and plumbing while maintaining the building's early-1900s appeal. It is currently leased to an established local cafe/restaurant. The upper level includes four fully rented apartments, each approximately 400-600 sq ft, remodeled in 2010 and featuring a shared coin-operated washer/dryer that generates additional income. The basement, approximately 1,800 sq ft, offers additional storage and mechanical space. The property has enjoyed strong, consistent occupancy for over 20 years, demonstrating the continued rental demand in this high-traffic downtown location. Recent improvements include HVAC upgrades and system updates. The property size is 7,200 square feet and the lot size is 0.06 acres.
    Insight Report Location Intelligence

    Current Use by Public Records

    Andes Creative - Wedding ... Wedding Photographer The GRID CAFE Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rexburg
    County
    Madison
    State
    Idaho
    Longitude
    -111.7825455
    Latitude
    43.8258068

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    FAQs

    What type of property is this?
    Mixed-use property - Prime mixed-use property in historic downtown Rexburg.
    Where is this mixed-use property located?
    The property is located at 36 E Main St Rexburg, ID.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Prime mixed-use investment property in the heart of historic downtown Rexburg, steps from BYU-Idaho.; - Zoned CBD (Central Business District), allowing for retail, restaurant, or mixed commercial use.; - **Main floor fully remodeled in winter 2024 with modern finishes and updated systems, while maintaining historic appeal.**
    (801) 726-4736
    Request Owner's contact information
    36 E Main St Rexburg, ID 83440
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    Rexburg, ID 83440
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    36 E Main St Rexburg, ID 83440
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