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Multi-Building Commercial Flex Property

591 E Iona Road, Idaho Falls, ID 83401

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New

For Sale

$1,700,000

COMMERCIAL - Idaho Falls, ID

Property size:

5,450 SF

Lot size:

1.51 Acres

Price / SF:

$311/SF

HighLights

High visibility commercial property adjacent to Interstate 20.
Significant income potential: current monthly rentals $4700, potential to increase to $10,500.
Three buildings on one property offer diverse rental or business opportunities.
Includes a 1500 sq. ft. home currently rented for $900/month.
Opportunity for owner‑occupancy with potential employee housing.
New shop bays are being finished, adding immediate value.

We can help!

Contact an agent

Randy Batton

For Sale

$1,700,000

COMMERCIAL - Idaho Falls, ID

Property size:

5,450 SF

Lot size:

1.51 Acres

Price / SF:

$311/SF

Added:: Jun 29, 2026
Days on Market:: 1
Last Refresh:: Jun 29 at 5:06 pm

Property Features for 591 E Iona Road

General Information

Property type: Commercial Sale
Property subtype: Other
Parking features: Off Street, Parking Lot
Accessibility: Accessible Approach with Ramp
Standard status: Active
APN: PP1AUTOELS01
Size: 5,450 SF
Lot size: 1.51 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Description: 1.12 A NW1/4 NW 1/4 SEC 8, T 2N, R38
Tax Annual Amount: 5564

Utilities

Sewer type: Public Sewer
Heating system: Forced Air, Natural Gas
Water source: Well, Public

Building Details

Year built: 1989
Building materials: Frame, Stucco
Roof type: Metal

We can help!

Contact an agent

Randy Batton

Listing agent Randy Batton

Listing office Eagle Point Realty, LLC 155 W Main Ste 4, Rexburg, ID

Listing date Jun 29, 2026

MLS# 2184862

HighLights

High visibility commercial property adjacent to Interstate 20.
Significant income potential: current monthly rentals $4700, potential to increase to $10,500.
Three buildings on one property offer diverse rental or business opportunities.
Includes a 1500 sq. ft. home currently rented for $900/month.
Opportunity for owner‑occupancy with potential employee housing.
New shop bays are being finished, adding immediate value.

Overview

This multi-building commercial flex property sits on 1.51 acres and totals 5,450 square feet. The site includes multiple structures, with the owner occupying two of the buildings. In addition, there is a 1,500-square-foot home on the property that is currently rented for $900 per month. The property also has new shop bays that are being finished, adding to the existing mix of workspace and housing.

The property is located in Idaho Falls, Idaho, along E Iona Road. The remarks indicate strong visibility with the site positioned alongside the old KJ’s truck stop, just off Interstate 20.

For tenants, operators, or owners who want to combine work space with on-site housing options, this configuration provides a practical live/work setup. For buyers looking for an investment-style layout, the property includes both rented components and additional shop bays under completion, supported by the current rental income from the home. Please note that the owner occupies part of the site, and the listing agent should be contacted prior to showing.

Property Profile Location Intelligence

Current Use by Public Records

Hammer Auto and 4x4 Auto Repair Shop J&D's Repair (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Idaho Falls
County: Bonneville
State: Idaho
Longitude: -112.04503
Latitude: 43.525403

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For sale
Flex space
ID
Idaho Falls
83401
591 E Iona Road

What type of property is this?

Flex space - Multi-building flex site on 1.51 acres with an income-producing rented home and owner-occupied workshop space.

Where is this flex space located?

The property is located at 591 E Iona Road Idaho Falls, ID.

What is the asking price?

The asking price for this property is $1,700,000.

What are key features of this property?

This property features: High visibility commercial property adjacent to Interstate 20.; Significant income potential: current monthly rentals $4700, potential to increase to $10,500.; Three buildings on one property offer diverse rental or business opportunities.

591 E Iona Road, Idaho Falls, ID 83401

COMMERCIAL - Idaho Falls, ID

Property Features for 591 E Iona Road

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Residential Income Property with Two Units

Commercial Building with Showroom Space

New 4-Plex Residential Income Building

Quadplex with Private Entrances

Brand-New Fourplex Property

Multifamily Income Property

Rebuilt 16-Unit Downtown Apartment

Thriving Billiards Bar Opportunity

Updated Duplex with Split Parcels

New Construction Townhome/Duplex

Renovated Apartment Building Near Riverwalk

Turn-Key Medical Office Condo

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