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About This Home
This 0-bedroom, 0-bathroom single family at 510 N 2nd E in Rexburg, ID is listed for $1,110,000 ($195 per sqft). Built in 1990, the home offers 5,700 sqft of living space on a 0.63 acres lot.
Well located multi tenant neighborhood retail asset situated within the Albertsons and Cal Ranch trade area. The property benefits from strong daily traffic generators, excellent visibility, and convenient access with ample on site parking. The surrounding retail corridor supports consistent foot traffic and repeat customer demand.
The tenant mix is service and necessity oriented, supporting stable occupancy and reliable cash flow. Leases provide a clear and straightforward income stream with limited operational complexity. Expense structure is easy to underwrite, making this an attractive asset for investors seeking predictable performance rather than discretionary retail exposure.
In place rents offer immediate income with future upside through contractual increases and market rent alignment over time. The property functions as a true neighborhood service center, positioning it well for long term hold investors focused on durability, simplicity, and income stability in a proven retail location.
Key Features
- Built in 1990
- 0.63 acre lot
Property Details
Amenities
Monthly Cost Estimate
$5,937/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
510 N 2nd E
Rexburg, ID 83440
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom single family at 510 N 2nd E is listed at $1,110,000 ($195/sqft). The estimated monthly payment is $4,810 based on 20% down at 6.5% interest.
Key features include: Built in 1990, 0.63 acre lot.
This property is listed by Rick Robinson and can be reached at 8332270270 or rickr@two70.com.
