For Sale
$325,000

23 1St Rexburg, ID 83440

0.43-Acre Lot, High Potential

Overview

Added:
Feb 3
Days on market:
84
This exceptional 0.43-acre property in Rexburg, Idaho, presents a unique investment opportunity. Located at 23 E 1 N, the lot is fully improved and zoned Mixed Use/Low Density Residential 2. Importantly, any proposed use requires a conditional use permit from the city of Rexburg. The property's previous approved use was as a parking lot serving a Main Street business, demonstrating its suitability for similar applications. However, the flexible zoning opens doors to a variety of potential uses, including, but not limited to, continued operation as a parking lot, the development of a vendor food court, or utilization as a sales lot. The property's size and location offer significant potential for diverse commercial ventures. The asking price is $325,000. Prospective buyers are encouraged to investigate the feasibility of their intended use with the city of Rexburg's planning department to ensure compliance with all applicable regulations and obtain necessary permits. This is a rare opportunity to acquire a fully improved commercial lot in a desirable Rexburg location. Serious inquiries only.

Property Details for 23 1St

Property type
Commercial real estate
Lot Size (sq. ft)
18,731 SF

Location Insight

City
Rexburg
County
Madison
State
Idaho
Latitude
43.82847
Longitude
-111.7828

FAQs

What type of property is this?
Commercial real estate - 0.43-Acre Lot, High Potential
Where is the commercial real estate located?
The property is located at 23 1St Rexburg, ID.
What is the asking price?
The asking price for this property is $325,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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23 1St
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