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229 S 5th W Rexburg, ID 83440
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Key Details
Sold Price $2,250,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 25,680 sqft
Price per Sqft $87
MLS Listing ID 2179686
Sold Date 12/23/25
Annual Tax Amount $13,999
Tax Year 2025
Lot Size 1.230 Acres
Property Sub-Type Business
Property Description
Prime Investment Opportunity in Rexburg! This commercial property features 16 rentable units, including business suites and shop spaces—perfect for a diverse tenant mix. Strong rental history and excellent visibility make this a solid income-producing asset. The property offers flexible space configurations to meet a variety of commercial needs, appealing to small businesses, trades, and storage tenants. Situated in a growing area of Rexburg with easy access to major roads and strong local demand, this is an ideal addition to any investor's portfolio. Buyer and buyers agent to verify all information.
Location
State ID
County Madison
Area 25680
Zoning General Zoning: Industrial,Specific Zoning: Rexburg-Light Industrial
Rooms
Basement None
Interior
Heating Natural Gas, Overhead
Cooling Central Air, See Remarks
Exterior
Parking Features Off Street
Garage Description Off Street
View Y/N No
Roof Type Other
Garage Yes
Private Pool No
Building
Lot Description High Traffic, Industrial Park, Interstate Exit/Access, None, Level
Foundation Slab
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Axiom Properties & Development, Inc.
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