30,000 sqft

$975,000

751 S Capital Avenue, Idaho Falls ID, 83402

Price per sqft$32.50

Built in1931

Property size30,000 sqft

Property typeCommercial

Overview

Active

Listed Oct 8, 2026

Updated 4 days ago

Historic Cheese Factory Redeveloped as a Multi-Tenant Commercial Property | 30,000 SF | Downtown Idaho Falls Built in the 1930s as the cheese factory, this 30,000 SF property in downtown Idaho Falls pairs real character with a prime location. Brick, steel, and industrial bones are nearly impossible to replicate. Enjoy amazing Snake River views beside Snake River Landing, with restaurants and shopping close by. Five of eight spaces are leased to a diverse mix of tenants: a courier service, live music venue, cabinet shop, automotive sound systems company, and public nonprofit. Together they generate $7,550 per month in rental income. The three remaining spaces are a ready opportunity, including an upper level of roughly 6,000 SF that could become one open office suite or six 1,000 SF studio apartments. Office users get a one-of-a-kind headquarters, and a residential layout adds a new income stream. Ideal for investors looking to lease up, or owner-users who want to occupy part of the building while tenants help carry the cost.

Additional information

MLS^® ID: 2189746

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.99 Acres

Other Property Details

Taxes: $5,883
Tax Frequency: Annually

Courtesy of Keller Williams Realty East Idaho, The Nelson Group,
Listing Contact: 208-529-8888

Based on information from Snake River Regional Multiple Listing Service as of 10/9/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated on 10/9/2026 at 4:11 AM UTC