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Two-Story Office Building
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1463 Commerce Way, Idaho Falls, ID 83401

Commercial Lease, Idaho Falls, ID

Space Size11,792 SF
Days on Market53

Property Features for 1463 Commerce Way

General Information

Property type Commercial Lease
Property subtype Office
Zoning description General Zoning: Commercial, Specific Zoning: Ammom- I&m-1 Indust & Manufact
Parking features Parking Lot, Off Street
Accessibility Accessible Approach with Ramp
Directions From Woodruff and 17th Street, North on Woodruff past Iona Road, West on Commerce Way. Buildings are located right on the corner of Woodruff and Commerce.
Standard status Active
APN RPO7060002001O
Size 11,792 SF

Amenities

conference rooms
flexible common areas

Building Details

Year built 1996
Floors in Building 2
Listing Agency: Venture One Properties
Listed By: Shane Murphy · License #DB24210
Added: Jul 10 Changed: Aug 19 Last Checked: Aug 31 at 2:06AM
MLS# 2186651

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 11,792-square-foot office building extends across two stories and was built in 1996. The interior includes 30 offices, conference rooms, and flexible common areas. Its configuration is suited to a master tenant, with unused individual office suites available for subleasing.

The property is located at 1463 Commerce Way in Idaho Falls, Idaho, with access to Highway 20, Highway 26, and I-15. On-site parking includes a parking lot and off-street spaces. An accessible approach with ramp is also provided.

Key Highlights

  • 11,792 SF two‑story office building
  • 30 offices with conference rooms and flexible common areas
  • Master‑tenant layout with unused individual office suites available for subleasing

Property Analytics

Current Use

U Turn Corporation Big Box & Wholesale Store Front Row Event ... Marketing & Advertising P1 RC Hobbies (Bike/Boat/Book/etc) Store VendTech Big Box & Wholesale Store P1 Autoworks Auto Repair Shop

Suggested Use

Top Pick Parking Lot & Garage Pharmacy HVAC Service Real Estate Agency Electrical Service Plumbing Service

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

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

Demographics for 83401, ID

47,114
Population
16,026
Households
2.9
Avg Household Size
31
Median Age
30%
College-Educated
90%
High-School Grad
197.3 sq mi
ZIP Area
239
Density / Sq Mi
$75,870
Median Household Income
$35,293
Median Earnings
$1,132
Median Rent
$307,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Private offices, conference rooms, and adaptable shared areas provide a flexible workplace configuration.
Where is this office building located?
The property is located at 1463 Commerce Way Idaho Falls, ID.
What are key features of this property?
This property features: 11,792 SF two‑story office building; 30 offices with conference rooms and flexible common areas; Master‑tenant layout with unused individual office suites available for subleasing
More about this property
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