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33 W 1st S

Rexburg, ID 83440
  • $1,800,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 2154287
UPDATED: 95 min ago
$1,800,000
  • 0
    BEDS
  • 0.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

This rare commercial and multi-family property, strategically located next to BYU-Idaho, presents a remarkable chance for single student and community housing. Situated within the highly desirable form-based Zone of Rexburg, this property boasts numerous benefits that make it an attractive and lucrative venture.One of the key advantages of form-based zoning is its emphasis on creating a harmonious and cohesive community. The implementation of form-based zoning regulations guarantees that the future development on this property will seamlessly integrate with the existing character of the neighborhood, creating a welcoming atmosphere for residents and visitors alike. Located adjacent to BYU-Idaho, one of the region's most prestigious educational institutions, it offers unparalleled convenience for students seeking comfortable and accessible housing options. The presence of both commercial and residential rentals on the property provides an added advantage, as they can serve as an immediate source of income while the construction of the new project takes place. Don't miss out on this chance to capitalize on the university's housing demands and secure a profitable investment that aligns perfectly with the vibrant community and thriving student population of Rexburg, Idaho.

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© 2023 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Team One Group Real Estate are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2023-05-30T00:23:07.24.
www.myteamone.com/homes/139704185
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33 W 1st S Rexburg, ID 83440

  • Price: $1,800,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 95 min ago
  • MLS #: 2154287
0
Beds
0
Baths
0
½ Baths
0.99
Acres
Neighborhood:
Rexburg Townsite-Mad
County:
Madison
Area:
Rexburg
Property Description
This rare commercial and multi-family property, strategically located next to BYU-Idaho, presents a remarkable chance for single student and community housing. Situated within the highly desirable form-based Zone of Rexburg, this property boasts numerous benefits that make it an attractive and lucrative venture.One of the key advantages of form-based zoning is its emphasis on creating a harmonious and cohesive community. The implementation of form-based zoning regulations guarantees that the future development on this property will seamlessly integrate with the existing character of the neighborhood, creating a welcoming atmosphere for residents and visitors alike. Located adjacent to BYU-Idaho, one of the region's most prestigious educational institutions, it offers unparalleled convenience for students seeking comfortable and accessible housing options. The presence of both commercial and residential rentals on the property provides an added advantage, as they can serve as an immediate source of income while the construction of the new project takes place. Don't miss out on this chance to capitalize on the university's housing demands and secure a profitable investment that aligns perfectly with the vibrant community and thriving student population of Rexburg, Idaho.
Exterior Features

Access Roads DirtPaved Curbs Gutters Curbs InGutters In Irrigation None Irrigation Details N/A Irrigation Water No Location High TrafficNear Mall/ShopNear ParkNear SchoolsNear University/College Lot Size 43124.4 Sidewalks In Topography Setting Flat

Property Features

Covenants No Distressed Property Not Applicable Flood Plain N Possible Use Multi-FamilyCommercial Property Type Commercial Land Undeveloped Provider Other Info Rocky Mountain Power Sewer Public Sewer Short Term Rental YN Unknown Tax Year 2022 Taxes 5704.00 Terms CashConventional1031 Exchange Type ResidentialCommercial Water Public Winter Access YN Yes Zoning General Rx-Form Based Zoning Specific Rexburg-Core Transect

Snake River Regional MLS logo Listing provided courtesy of Keller Williams Realty East Idaho: 2085298888.
© 2023 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Team One Group Real Estate are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2023-05-30T00:23:07.24.
 
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Team One Group Real Estate
1303 12th Avenue South
Nampa ID, 83651