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Log-Style Commercial Building on 2 Acres

2664 E 1st St, Idaho Falls, ID 83401

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For Sale

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Versatile commercial space with high visibility in Idaho Falls.

Type:Retail

Property size:

10,080 SF

Lot size:

2.00 Acres

Price / SF:

$208/SF

HighLights

High‑traffic Idaho Falls location on an expansive 2‑acre parcel.
Approximately 5,400 sq ft log‑style commercial building with abundant natural light.
Open, flexible layout suitable for a wide variety of commercial uses.
Generous on‑site parking supports high‑capacity occupancy.
Large windows and wrap‑around porch create a welcoming presence.
Unfinished basement offers excellent storage or future expansion potential.

We can help!

Contact an agent

Abigail Martin

For Sale

Contact for pricing

Versatile commercial space with high visibility in Idaho Falls.

Type:Retail

Property size:

10,080 SF

Lot size:

2.00 Acres

Price / SF:

$208/SF

Added:: Mar 6, 2026
Days on Market:: 113
Last Refresh:: Mar 16 at 2:42 pm

Property Features for 2664 E 1st St

General Information

Standard status: Active
Size: 10,080 SF
Lot size: 2.00 Acres
Property subtype: Retail

Building Details

Year Built: 1995

We can help!

Contact an agent

Abigail Martin

Listing office Abigail Martin Realty

Listing date Mar 6, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Abigail Martin Realty

HighLights

High‑traffic Idaho Falls location on an expansive 2‑acre parcel.
Approximately 5,400 sq ft log‑style commercial building with abundant natural light.
Open, flexible layout suitable for a wide variety of commercial uses.
Generous on‑site parking supports high‑capacity occupancy.
Large windows and wrap‑around porch create a welcoming presence.
Unfinished basement offers excellent storage or future expansion potential.

Overview

This distinctive log-style commercial building offers approximately 5,400 square feet on the main level, complemented by a large unfinished basement. The property is situated on an expansive approximate 2-acre parcel in a high-traffic location in Idaho Falls. The open, flexible layout is filled with abundant natural light. Large windows and a wrap-around porch create a warm, welcoming presence. The property is well-suited for an event center, wedding or reception venue, conference or training facility, community gathering space, professional offices, creative studios, wellness or fitness use, educational or instructional programs, nonprofit organizations, or a destination business seeking character and visibility. Generous on-site parking supports high-capacity occupancy, while the unfinished basement offers excellent storage or future expansion potential. The combination of acreage, architectural appeal, flexible layout, and prime exposure presents an exceptional opportunity for owner-users or investors. The total property size is 10,080 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$169.3k	$16.80
− Vacancy	−$23.7k	−$2.35
EGI	$145.6k	$14.45
− OpEx	−$36.4k	−$3.61
NOI	$109.2k	$10.84

10,080 SF · lease $16.80/SF/yr · vacancy 14.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.56M

$1.37M – $1.82M (±1% cap)

NOI $109,227 @ 7.0% cap · market cap 5.20%

Second Best

Retail

$1.31M

$1.14M – $1.52M (±1% cap)

NOI $91,463 @ 7.0% cap · market cap 4.36%

Theoretical Best

Office A

$2.23M

$1.95M – $2.60M (±1% cap)

NOI $155,893 @ 7.0% cap · market cap 7.42%

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

Property Profile Location Intelligence

Current Use by Public Records

White Pine Charter ... High School

Suggested Use

Location Insight

Map
Local Demand

City: Idaho Falls
County: Bonneville
State: Idaho
Longitude: -111.9807031
Latitude: 43.4954011

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For sale
Retail space
ID
Idaho Falls
83401
2664 E 1st St

What type of property is this?

Retail space - Versatile commercial space with high visibility in Idaho Falls.

Where is this retail space located?

The property is located at 2664 E 1st St Idaho Falls, ID.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: High‑traffic Idaho Falls location on an expansive 2‑acre parcel.; Approximately 5,400 sq ft log‑style commercial building with abundant natural light.; Open, flexible layout suitable for a wide variety of commercial uses.