Entity Owned Property summary
This exceptional 982-square-foot retail space, located at 505 N 2nd E #203 in Rexburg, Idaho, presents a fantastic opportunity for a restaurant or similar business. Situated within a larger 4,900-square-foot building on a 2.49-acre lot (APN: RPRRVRV0010010, Madison County), this single-tenancy unit boasts newly finished interiors, ready for immediate occupancy. The property enjoys a high-traffic location with shared parking alongside established businesses such as Curry Pizza, Jensen Jewellers, and Lux Nail Spa. Its proximity to other popular retailers including Costa Vida, Cricket Wireless, The Hickory Restaurant, Cold Stone Creamery, Super Cuts, and Jack in the Box ensures significant foot traffic and visibility. The lease is a NNN lease with an asking rate of $28 per square foot. This property offers a turnkey solution for businesses seeking a vibrant and convenient location in the heart of Rexburg. The building consists of one structure. The property is not currently vacant
Property profile
VerifiedCap rate & NOI
Current use
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Nail Salon
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(Bike/Boat/Book/etc) Store
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Restaurant
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Mobile Phone Store Electronics & Wireless Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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