10 College Avenue, Rexburg, ID 83440
10 College Avenue, Rexburg, ID 83440
10 College Avenue, Rexburg, ID 83440
33
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$825,000
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6 Baths
8,820 SqFt
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10 College Avenue Rexburg, ID 83440

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Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 8,820 sqft

Price per Sqft $93

Subdivision No Subdivision

MLS Listing ID 2190195

Year Built 1920

Annual Tax Amount $4,002

Tax Year 2026

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Real Estate Only

Property Description

Fully leased downtown Rexburg mixed-use investment property generating approximately $60,000 in annualized gross income under current leases, per seller, with potential for future rent growth as leases allow. Features three commercial storefronts and four upstairs one-bedroom, one-bath apartments near BYU-Idaho, shopping, dining, and downtown amenities. Apartments vary in size and layout, with vaulted ceilings in most units. Select apartments have been recently repainted and remodeled. Shared coin-operated washer and dryer provide convenience and supplemental income. Roofing work completed approximately 3-4 years ago, per seller. Additional basement space offers storage options. Seller reports a consistent rental history throughout several years of ownership. Rent roll and financial information available upon request. Please do not disturb tenants; showings by appointment. Some photos are Ai to declutter some of the rooms.

Location

State ID

County Madison

Area 8820

Zoning General Zoning: Res-Multi-Family,Specific Zoning: Rexburg - City Center Transect

Rooms

Basement Finished, Partial, Partially Finished

Interior

Heating Electric, Natural Gas

Cooling Central Air, Wall/Window Unit(s)

Inclusions Seller-Owned Appliances In Apartments And Shared Coin-Operated Washer And Dryer. Existing Fixtures Owned By Seller.

Exterior

Parking Features Off Street, On Street, Parking Lot, None

Garage Description Off Street, On Street, Parking Lot, None

View Y/N No

Roof Type Membrane,Wood

Garage Yes

Private Pool No

Building

Lot Description High Traffic, Near University/College, Concrete Curbing

Foundation Concrete Perimeter

Sewer Public Sewer

Water Shared Well, Other

Others

Acceptable Financing Cash, Conventional, 1031 Exchange, Lease Purchase, Owner May Carry

Listing Terms Cash, Conventional, 1031 Exchange, Lease Purchase, Owner May Carry

Special Listing Condition Standard


Listed by Silvercreek Realty Group
Nearby Locations

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Living In Idaho

Living In Idaho

Owner

+1(208) 586-3066

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