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 preschool (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.
|
DAYS ON MARKET
|
96
|
LAST UPDATED
|
10/30/2025
|
|
TRACT
|
NONE
|
YEAR BUILT
|
1961
|
|
COUNTY
|
Madison
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
| Elementary School |
KENNEDY 321EL |
| Jr. High School |
MADISON 321JH |
| High School |
MADISON 321HS |
|
Prior to Oct 30, '25
|
$635,000
|
| Oct 30, '25 - Today |
$619,000 |
| APPLIANCES |
Dishwasher, Refrigerator |
| BASEMENT |
Finished, Yes |
| CONSTRUCTION |
Brick, Frame |
| HEAT |
Forced Air, Natural Gas |
| LOT |
0.47 acre(s) |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Other |
| SUBDIVISION |
NONE |
| TAXES |
4083 |
| UTILITIES |
Natural Gas Available |
| WATER |
Public |
| ZONING |
REXBURG-LOW DENSITY RESIDENT 1 |
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