751 S Capital Avenue, IDAHO FALLS, ID 83402 (MLS # 2189746)
Twitter
Facebook
Email
|
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.
| DAYS ON MARKET | 13 | LAST UPDATED | 10/8/2026 |
|---|---|---|---|
| YEAR BUILT | 1931 | COUNTY | Bonneville |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| BASEMENT | Partially Finished, Yes |
|---|---|
| CONSTRUCTION | Block, Brick |
| HEAT | Natural Gas |
| LOT | 0.99 acre(s) |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 5883 |
| WATER | Public |
| ZONING | IDAHO FALLS-I&M-INDUST/MANUF |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Dakri
Bernard to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Keller Williams Realty East Idaho
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.