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401 E Street Idaho Falls

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$1,499,000

401 E Street, Idaho Falls ID 83402

MLS# 2186437

Listing courtesy of Jessica Zaugg, Summit View Realty

1

Baths

0.34

Acres

An incredible opportunity in the heart of downtown Idaho Falls! This versatile commercial building offers endless potential with multiple levels, spacious storage areas, basement space, and an overhead loading door for convenient shipping and receiving. The flexible layout includes multiple entrances and partitioned areas, creating the possibility for multiple businesses, retail spaces, offices, showroom use, or mixed-use potential. An added investment opportunity includes the potential to keep The Bike Shop, currently operating inside the building, as an established tenant—providing immediate income potential and added value for an investor or owner-user. Located just minutes from restaurants, shopping, entertainment, and the beautiful Snake River Greenbelt, this property combines visibility, accessibility, and functionality. Both on-street and off-street parking are available, and quick access to major highways makes it convenient for customers, employees, and deliveries alike. A rare chance to own a well-positioned commercial property in one of Idaho Falls' growing downtown corridors!

Property Overview

Status

Active

Property Type

Commercial Sale

Year Built

1948

Construction & Exterior

Construction Materials

Block, Brick, Slate, Stucco

Roof

Membrane

Garage Spaces

Basement

Unfinished

Utilities & Systems

Heating

Electric, Natural Gas, Forced Air

Cooling

Evaporative Cooling

Water Source

Public

Sewer

Public Sewer

Financials & HOA

Taxes

$4,719.00 (2025 Tax Year)

Association Fee

None

Location & Legal Details

Subdivision Name: None
County: Bonneville
Legal Description: LOTS 1-2, E 25' N 70' LOT 3 BLOCK 11, RAILROAD NW 1/4, SEC 19, T2N,R38
Parcel Number: RPA1980011001C

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© 2026 Teton Board of REALTORS® and Snake River Regional Multiple Listing Service. Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton and Snake River IDX Programs may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton & Snake River MLS are not responsible or liable for the information. Teton Valley Realty does not guarantee the completeness or accuracy and shall not be liable for this information. Listing courtesy of Summit View Realty.