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507 W Main Street

REXBURG, ID 83440
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Bed 3

Bed

Bath 1.5

Bath

SqFt4,001

Sqft

Acres0.47

Acre(Lot)

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 prescho ol (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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Detail Ic Property Details

Property Type : Residential

Price : $609,000

AD Id : 66282918

MLS Id : 2178667

Beds : 3

Lot Size : 0.47 Acre

Living Area Size : 4,001

Year Built : 1961

County : Madison

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Full Baths: 1 Half Baths: 2

    Room Information

    Has Basement: Yes Basement: Finished
  • Flooring Information

    Carpet, Laminate
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal Appliances: Dishwasher, Refrigerator Laundry Features: In Basement
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas

  • Building Information

    Year Built: 1961 Building Area Total: 4001 Construction Materials: Frame, Brick Stories: 1 Private Pool: No

  • Lot Information

    Lot Size Acres: 0.47

    Property Information

    Subdivision: NONE Source Property Type: Residential Zoning Description: REXBURG-LOW DENSITY RESIDENT 1 Property SubType: Single Family Residence Levels: One Property Age: 65

  • Listing Price Information

    Listing Price: $609000 Original Price: $635000

  • Tax Information

    Parcel Number: RPRXBCA0250001 Annual Tax: $4083

  • School Information

    Elementary School: KENNEDY 321EL
    Junior High School: MADISON 321JH
    Senior High School: MADISON 321HS
  • Utility Information

    Natural Gas Available
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2799 S 3000 W, Rexburg, ID, 83440 $550,000 2 1 2,020 2,020 SqFt
TBD S 5th W #2, Rexburg, ID, 83440 $274,900 3 1.5 1,003 1,003 SqFt
2889 S 5500 W, Rexburg, ID, 83440 $825,000 5 3 3,000 3,000 SqFt
TBD S 5th W #1, Rexburg, ID, 83440 $274,900 3 1.5 1,003 1,003 SqFt
TBD S 5th W #3, Rexburg, ID, 83440 $274,900 3 1.5 1,003 1,003 SqFt
3820 Hirschi Loop Road, Rexburg, ID, 83440 $1,175,000 5 3.5 3,650 3,650 SqFt
3938 S 4413 W, Rexburg, ID, 83440 $689,000 3 2 2,000 2,000 SqFt
115 & 113 E 1st N, Rexburg, ID, 83440 $499,000 4 3 1,912 1,912 SqFt
6601 W 3800 S, Rexburg, ID, 83440 $619,000 5 2.5 2,446 2,446 SqFt
10465 Bluebird Road, Rexburg, ID, 83440 $1,795,000 4 3.5 5,163 5,163 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Snake River Regional MLS. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but is not guaranteed. Consult with your real estate professional to verify the provided information. NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Snake River Regional MLS and this broker will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. Information deemed reliable but not guaranteed. Copyright © 2026 Snake River Regional MLS. All Rights Reserved.

ByOwner last updated this listing 06/07/2026 @ 02:22

MLS: 2178667 LISTED BY: Todd Smith, The Real Estate Office 208-356-5050 SOURCE: Snake River Regional MLS

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