Coldwell Banker Home Page
Skip to main contentColdwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Tomlinson
Property view
Listing view 2
Listing view 3

36 Main Street, 
Rexburg, ID 83440

$695,000

4

Beds

8

Baths

7,200

Sq Ft

Multi-Family

Active

Listed by

Steven Phaysounlaphong

Silvercreek Realty Group

208-523-6111

Last updated:

March 1, 2026, 09:47 PM

MLS#

2180432

Source:

ID SRMLS

About This Home

36 Main Street

Prime mixed-use investment property located in the heart of historic downtown Rexburg. just steps from BYU-Idaho. Originally built as the Rexburg State Bank, this beautifully preserved brick building retains its historic character, including the original bank vault still located on-site. Zoned CBD (Central Business District), allowing for retail, restaurant, or mixed commercial use. The main floor was fully remodeled in winter 2024, featuring modern finishes, updated electrical, and plumbing while maintaining the building's classic early-1900s appeal. Currently leased to an established local cafe/restaurant. The upper level includes four fully rented apartments, each approximately 400-600 sq ft, remodeled in 2010 and featuring a shared coin-operated washer/dryer that generates additional income. Basement (approx. 1,800 sq ft) offers additional storage and mechanical space. The property has enjoyed strong, consistent occupancy for over 20 years, demonstrating the continued rental demand in this high-traffic downtown location. Recent improvements include HVAC upgrades and system updates. Excellent opportunity for investors PLEASE DO NOT DISTURB BUSINESS & TENANT. Buyer to verify all information with the city & county offices.

Home Facts

Multi-Family

8 Baths

4 Bedrooms

Built in 1903

Price Summary

695,000

$96 per Sq. Ft.

MLS #:

2180432

Last Updated:

March 1, 2026, 09:47 PM

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

6

Interior

Living Area:

7,200 Sq. Ft.

Structure

Structure

Building Area:

7,200 Sq. Ft.

Year Built:

1903

Lot

Lot Size (Sq. Ft):

2,613

Finances & Disclosures

Finances

Price:

$695,000

Price per Sq. Ft:

$96 per Sq. Ft.

Source:ID SRMLS
The information being provided by Snake River Regional Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Snake River Regional Mls All rights reserved.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.