507 W Main St, Rexburg, ID 83440
- $609,000
- 3
- BD
- 3
- BA
- 4,001
- SqFt
- List Price
- $609,000
- Price Change
- ▼ $10,000 1764637696
- MLS#
- 2178667
- Status
- ACTIVE
- Price Per Sqft
- $152
- Bedrooms
- 3
- Bathrooms
- 3
- Full-baths
- 1
- Half-baths
- 2
- Sq. Ft
- 4,001
- Acres
- 0.47
- Year Built
- 1961
Property Description
Endless Possibilities on Main Street — Over 4,000 sq ft of Potential! This spacious 4,000+ sq. ft. property sits on a prime corner lot on Main Street, just steps from Kennedy Elementary School and close to the heart of Rexburg. Previously operated as a licensed daycare center, this building offers flexible options for the next owner — whether continuing as a childcare facility or transforming it into something entirely new. The main level features a large open room with great natural light — perfect for a gathering space, studio, retail concept, or open-concept living area. Downstairs, you'll find two oversized open rooms ideal for classrooms, recreational areas, offices, or potential future rental suites. Possible Uses (with appropriate zoning or approvals): Reopen as a daycare or preschool (no zoning change required) Convert to student housing or a duplex-style rental property Develop a live/work space (e.g., salon, small business with residence attached) Create a wellness studio, co-op workspace, or community hub Redesign as a spacious single-family home or multi-family investment The property's location and visibility make it an incredible investment for anyone with vision. Its position near schools and businesses ensures consistent traffic and accessibility.
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Additional Information
- Taxes
- $4,083
- Appliances
- Dishwasher, Refrigerator, LP Gas Water Heater
- Style
- Other
- Roof
- Metal
- Garage Description
- None
- Cooling
- Window/Wall
- Heating
- Natural Gas, Forced Air
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Kennedy 321EL
- Middle School
- Madison 321JH
- High School
- Madison 321HS
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Listing courtesy of The Real Estate Office.